Hi, interested to hear about others who work in NYC and house hack in easily commutable areas of NJ such as West New York, Union City, Jersey City Heights etc. Seeking Multi/single families to start a portfolio. Anyon...
I'm looking to see what are some of the multi-unit in and around Chicago area to buy in?
(Hopefully) Soon many of us "newbies" will be making their first moves in the REI world. It's quite a daunting idea that seems to overwhelm a lot of first time buyers for various reason. One reason that I have recentl...
Hi all! Quick question for the wholesalers out there? Do any of you, as part of your business, have hml's or private funds lined up for your buyers? Say for someone with proveable income and good credit, but without a...
For Investors with a significant number of SFH, do you still buy Home Insurance or do you set aside money to self-insure? Most of my properties have loans on them, so I need to keep insurance but as I pay them off, it...
Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
I recently considered shifting some of my REI business back to wholesaling lease options which I did successfully for several years. The last 2 years I focused on regular wholesaling "flipping contracts" but I though...
Every person will be different, but how many properties have you found to be manageable to manage by yourself? At what point did it become too much along with your full-time job?I'm planning to buy 10 rentals over th...
Just wanted to see what the limit was of people who self manage their properties (and also what kind...condo, SFH, multies, large commercial, etc.)I've seen some do up to 20 units by themselves! My second question is ...
Hey Everyone,
I need some help/guidance. I recently called a realtor about a duplex that I saw on MLS a while back but is no longer listed. I was pretty sure it did not sell, so I figured I would see if the owner ...