What area are you investing in?Do you look for a certain percent return or a flat amount?What is your main source of leads?How much do usually budget to spend for rehab?What type of houses/buildings are you focusing o...
Purchased a 2nd home in Maine in 2018 and turned it into a STR a year later. Bought the property for 350K. The property could now sell for 700k! The property cash flows around 40K per year after all expenses. The mar...
I just sold a property and have the funds with an intermediary. The title of the property was under my personal name. If I purchase the exchanged property under a LLC, which I'm the sole owner of, will that cause an...
I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...
Newbie here and looking to start investing in Reno, NV or some other easily drivable area close to the Bay Area in CA that has properties not expensive as in the Bay Area. I cannot afford to start here.
BRRR is wh...
I was chatting with a property management company and they said that they recommend that if a unit has water and ice maker on the door to switch that refrigerator with one that doesn't. Their point was that most of th...
15% decline in cooper & lumber, key components of housing
June housing starts dropped 9.9% in June
Housing permits dropped 7.5%
25% of the housing buyers are investors/institutions
Job creation is flat
Mortga...
I got a home inspection on a new home I was purchasing. The home inspection did note that the AC unit was beyond its normal life and would probably need to be replaced within a few years. However, after purchasing ...
Hi all,Been looking at typical syndication structures and have seen a common one is to offer an 8% preferred return and then 70/30 the cash flow above that between GP/LP's.My question is, what is the 8% preferred retu...
Hey guys!
Do you take into consideration vacancy rates when searching for a new market? We disagree on this issue with my husband, and I wanted to hear opinions of other people.
I usually look at job growth/unemploy...