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Could you please give me your thoughts on how much to pay for 36 units which are 3 different buildings. I feel they are class c apartments. What is the best way to evaluate these apartments?They are in my home town...
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Recently I’ve been turned on to the idea of real estate investing, i am looking for sound advice on getting started. This is all new and exciting to me so anything is helpful.
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There's an off-market 2 bedroom 2 bathroom condo that I am looking to purchase. It has no rental restrictions, plenty of parking, great neighborhood, water is included in the utilities, low HOA, closest schools and 15...
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Hi guys, how can you properly value apartment complexes when it seems like so many people calculate their cap rates differently? Do you include debt? Cap ex? Maintenance? Or just a straight annual gross to purchase pr...
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Is this a Deal? I found a property on the MLS for $96K. It's in an area where homes typically go for $1.1M. It's 0.3 acres with gentle slope. It's in a pricey subdivision (golf, club house, etc...). Depending ...
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Hello all: I am curious how your CPA or tax preparer handles these items.Had a conversation with a tax preparer yesterday about replacing a front door. He states he expenses the item that year rather than depreciate i...
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We bought a trailer on 1 acre of property this summer. We decided to put a 8-10 person storm shelter on the property as we hope to add another trailer in the future. The renters were very concerned about not having st...
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Ok, so first I want to say I'm not counting my chickens until they hatch, however, as this deal gets closer to closing I am left wondering what I should do with the money. 50K profit on my first wholesale deal that I ...
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Good afternoon everyone,
Newer real estate investor in North Carolina. We are under contract for a new primary residence and we have decided that we want to turn our current house into a STR. Wanted to get thoughts...