A friend of a friend recently told me they would be willing to sell their campground. They would sell it for $12.5 Million but the deal still works out to be a 5.23% cap rate at $14 Million. Has anyone ever wholesal...
Good morning,I have a fourplex I pay water and sewer which is annually ~$3300. I received a quote to submeter the water ~$15k. This is about right as there will be new meters installed, digging the meter pits, new su...
Happy New Year! December wrapped up one of the wildest years in Austin real estate on record. Median home prices Austin and the surrounding metro experienced appreciation in the 20-30% range for 2021. The charts below...
I know there are a bunch of posts about cap rate and I've read quite a few. However, every time I think I understand, I'll see something in a listing that confuses me. My current interpretation is that a cap rate is s...
Feels pretty yucky. I took some money out of my 401 K to pay back some debts. I paid off almost 6,000 in a high interest credit card , The next day my credit score dropped 90 points. WTF?
Investment Info:
Small multi-family (2-4 units) other investment in Baltimore.
Purchase price: $315,000
Duplex in the Charles Village near John Hopkins. Duplex in the last two years increase value is 42...
I'm a rehabber looking to send out direct mail to properties with tax liens on them because I think owing back taxes may be a reason some people want to sell. Have any of you tried going after delinquent tax lists in...
Hi. Am fairly new to the rental game. I have 4 units, each cash-flowing pretty well. End of the second year and have acquired the 4 units across two different properties. They happen to be across the street from each ...
Buying Real Estate in Florida: End of 2024 or Wait Until 2025? I think now is a great time to buy real estate in Florida. With high interest rates, there's less competition and more stable prices. You can refinance ne...
My question is, should I refinance and get as much money out as I can, or not?Specifics:Duplex, bought/rehabbed for $210K ($60K of our own money) We owe roughly $150K.ARV: $265KInterest rate on current loan: 4.875%Cu...