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So I’ve run the numbers on the airdna website for a property that caught my eye… What came back blew me away. It’s a 16% cap rate, NOI of $50,000, gross income of 96k. 87 % occupancy rate, $154 a night. If this data ...
Found a nice $80k property that apparently was rented out for $1100. 1% rule check. Did some calcs and seemed like a good idea. Bid $75k (why not I thought) then got outbid with cash offer. Kinda bummed.
Now, similar...
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For commercial real estate investors, syndicators and others involved in the field, investment terminology can appear to be an alphabet soup of mysterious acronyms. There are three in particular that are related to th...
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I have a great deal but I don’t have money, I don’t have credit and I don’t know any investors. Also I’m new to this but I am certain I have an amazing deal! What can I do to raise a lot of money?I have reached out to...
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Situation: I'm strongly considering leaving my full-time teaching job ($20/hr) to flip full time. I have savings to last for several months plus enough to cover a flip gone bad if necessary while I get my feet under m...
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Hi all
I have a lake house for rent on VRBO. This is my first time doing a short term rental.
I have had the place listed since about February 18th so about three weeks with no listings. I am starting to get cold f...
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I have been looking into a career change, and unfortunately with my financial situation I am unable to jump into REI. I have been doing research into becoming a loan officer to learn the financial/loan side of REI whi...
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Hi all, my name is Misty and I am looking to get started in out of state Real Estate investing and these are the markets that I am interested in: North/South Carolina, Georgia and Florida. If you have any recommendati...
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Financing my first flip with a solid GC project managing start to finish. While I have the time to manage the backend accounting and organization of paperwork, what will a good bookkeeper take off my hands? I'd rather...
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I targeted several sewer liens in my area of choice thinking I would receive the interest on them quickly. Three months later, a couple of them now have owed taxes (on top of the sewer subs) that, as the lien holder, ...