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Lately, many 2-4 unit clients understandably ask me why prices are still going up with rate increases. I have sold 40 million seen a lot of 2-4's in Chicago and the answer is simple, supply has more impact in this nic...
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Next year I will be attending University of Texas at Austin and I am looking for guidance on owning a property in Austin with a tenant that pays the rent while I live rent-free so I can pay in-state tuition. I am youn...
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So here is the deal that I have under contract, i would really appreciate some good ole BP feedback on this. Thank you for your time. Purchase Price - $239,000Gross Potential Income- $48,672Vacancy & Collection...
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I realize that the classification of A, B, C, or D properties discussed in this forum are basic rules of thumb, and can certainly vary by location, quality, age, etc. However, I am interested in getting others perspe...
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So over the past 4 months I have been working on my first 3 low-income rental deals. Here's how it's going so far. Deal 1-33K 3Bed 1Bath 1300SqFtI found this property through my realtor. It had just popped up on the...
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Investment Info:
Other buy & hold investment.
Purchase price: $100,000
Cash invested: $40,000
2-bed, 2-bath, 1,284 sq ft under air. This property is classified as a "condo", which is great becau...
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Previously we have been taught that forcing appreciation is a great strategy that is used commonly in commercial real estate. By incorporating a new strategy called "greenhabbing", we've found a way to actually force ...
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From what I've read on the forums, it sounds like anything over $100 / month per a unit is a solid cashflow, but out of curiosity how would you classify more or less than $100/monthly per a unit?
For example, for a d...
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Greetings!My name is Baron Keel. I am just getting my feet wet with under one year of experience as a licensed real estate agent in Connecticut. I am originally from West Haven, CT., but I currently reside in Bridge...
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Hello all,
Thanks for taking the time.
My wife and I moved into our primary house in Kansas City, MO, in March of 2019. We then had the opportunity in October 2019 to refi our rate down from 4.5% to 3.5% - which we...