Dominic Balconi
20% Cap Rate??? 200%+ Cash on Cash ROI??? Am I Wrong Here?
I just calculated the cap rate for a property I'm going to develop within the next year: 20% Here are the numbers:$40,000 to build$30,000 for the land2 UnitsAnnual Gross Income: $24,000NOI: $14,000 (conservative estim...
Dan Tracy
Transform 5-unit to 4-unit
REI newbie here! Just recently closed on a house that was converted into a 5-plex a while back. It's pretty frickin' old, but that's another story.One of the units is a pretty bare-bones efficiency unit and I was thin...
Amy Hatcher
Are auctions a good way to start my REI journey ?
I am on the precipice of my REI journey, and have been reading a lot about buying and rehabbing properties. My original thought was to get into “cheap” areas for immediate income, but I’ve since retracted that idea af...
Ian Gilligan
Medium Term lease agreement
Hey guys,
Should a lease for a medium term rental be drastically different than it is for a standard long term lease? If someone has a medium term lease that you use, could you share? Thanks!
Rafael Lopez
Property Insurance Ohio
Hello,I was hoping to get your opinions on what kind of insurance coverage I should be looking for when dealing with rental properties. Also, if anyone has any insurance companies they would reccomend. Thanks!
Luke Cullinane
Buy and Hold Rental Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $75,000
Cash invested: $30,000
This was a damaged property that was in bad shape and was owned by a family trust th...
Samuel Rinaldo
Tenant vanished - do I need to evict before re-renting?
One of my tenants didn't pay rent on time so I went to get in touch with her and her phone is off. All payments before were on time. I sent someone to serve the 3 day notice and he let me know that the unit looked va...
Sadia Ali
Is buying land in Topanga Canyon worth it?
Hello!
First-time buyer here so I am very green to investing in real-estate. Would love to pick everyone's brain if I am making a sound investment.I saw a 4 acre lot in Topanga canyon for around $400K. Ideal situatio...
Andrew Moore
Real Estate Valuation & Underwriting
I am looking to get started investing in Real Estate in Grand Rapids, Mi. I am currently looking at a deal that multiple buildings (a combination of multiunit and single family homes) and a total of 11 units. The aski...
Account Closed
Looking for advice and connections in the greater Dayton, OH area
Hello everyone,A little background: I am originally from the Dayton area but have been living in Southern California for the past couple years. I live in the outskirts of LA county where prices aren't astronomical ($1...