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Covid-19 has changed life as we know it for sure, and that is the reason why so many companies and services have developed different and new ways to provide the best to their clients even when it means walking on a ne...
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Hi all, Bought my first owner occupy multi family, and decided to live in the most runned-down unit to do some repairs. I'm a mechanical engineer by trade, but have little to no real estate repair experience. I enjo...
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It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
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How much further would you look into a deal before passing? What if a prospective deal is slightly negative cash flow using the 50% rule, but might actually be positive using actual numbers? What's the risk of passing...
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Hi all,I am a real estate agent and a new multifamily investor. I have 1 4plex purchased last August cash flowing at about $1000/mo and a SFH rental which funded the multifamily and breaks even. We are working on ou...
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I'm totally new to Real Estate Investing. But after reading so many times that $100 a month profit is the goal, I'm left wondering how can this be good? By my estimation I'd need 40-50 houses to make a decent living...
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I've been studying everything I can get my hands on about buying and owning multifamily properties. The one thing I keep seeing is that people will only buy if it's a "good deal". Now, I of course understand that that...
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I have a rental property in a nice neighborhood with a HOA that I picked up in two years ago. The HOA just adopted some new rules that make it difficult to be a landlord.
First of all any prospective tenant a...
It seems like this is an impossible task with both limited funds and time. I work full time and with a kid in day care, how do you have the time and money to buy, rehab, and rent a multi family building?What’s the b...
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Hello!
I'm a recent new member to this site, and I think it's an excellent resource for people like me who are brand new to RE investing.
I've had the "privilege" to attend a 3 day "intro to REI" course put on by th...