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...
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...
I am looking to bid on an REO. Its listed as a 4/3 but that's because the garage was converted into a bedroom. However, every single house on the block as a 2 car garage. And this added bedroom is weird anyway. First ...
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $322,000
Cash invested: $5,000
Combining the strategies of 'house hacking' and 'live in flip' I am living in the mai...
I came across this Four-plex that need about 40K rehab for 2 of its apartments, 1910 building in downtown, combine water meter and electricity, 50% occupied, 2 units that renovated are rented and other 2 units need to...
Hi everyone!Quick question, I am about to close on a duplex and I’m curious about how to go about getting an inspection. The seller already paid for a city inspection to come out before closing date, this is done ever...
Okay folks, I love the forum, long time lurker. I'm thinking of pulling the trigger and getting my first investment property, but I'm torn on how to go about this; condo or SFR in a hot rental neighborhood. This prop...
Hello Everyone,So I had a response to a yellow letter I sent out to an absentee owner that was quite interesting. I spoke to this gentlemen for over 90 mins and found him to be quite the sophisticated investor at 75 y...