So I don’t have a specific property in this one. It’s more of a pre-analysis of an area I’m looking at for STRs and outlining how I think about narrowing down where I like. I expect most on here go for LTR, so maybe a...
Hello All,The wife and I own a small studio apartment in the Wrigley Field area. We use it occasionally to get away from the suburbs and enjoy a night out. Recently, we have been weighing our options - sell or rent?...
Hello everyone,
I am a new investor in California and I am looking to acquire rental properties for cash flow. My Realtor sent me this deal, which in theory should cash flow because it meets the 1% rule. It's a tripl...
Any of my fellow investors in California utilizing ADU's? Why or why not. Looking for your input to make some big decisions.
I have just purchased an investment property in Cleveland and just transferred Water/Sewage into my LLC name...Asking the water company what the average monthly usage is, i'm in sticker shock! Obviously past and curre...
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...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $300,000
4-units. 1 bed/1 bath, each
Experimenting with STR for one unit.
What made you in...
Hi Everyone, Good day! I am a newbie here and I was wondering if anyone knows a good institution for the self directed IRA account that would allow REI later on. I heard that some institutions allow it and some don...
Good afternoon BP Community. I am looking to buy my first property. I was presented a deal that I would like to purchase (Section 8 SFH), but I wanted to make sure it was a good deal before I pulled the trigger. What ...
Hi all,While in college I worked fulled time at a fortune 500 company. I was able to put away a good amount in my 401k in the two years I have been at the company. I am now leaving the company and am going to roll my ...