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IntroductionA couple of months ago, my brother-in-law (Steven) and I were both freelancers facing a cost-of-living crisis. Rent in our area is extremely high, and the dedicated desks at our co-working space cost us $3...
Hello you all Supportive members,
I recently joined this forum and it has been overwhelmingly supportive. I am also starting formal learning for RE license exam.
Wanted to request some assistance in knowing good / e...
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Hypothetically,Let's say a mentor of mine is selling an 11 unit, well kept, and deleaded for $2.2M asking. You, as a savvy investor know this is an option, but strapped for cash. You take into consideration this fact ...
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I started looking for multi family properties in NY that are affordable unlike NYC where I live and Rochester, NY keeps popping up. Does anyone know if this would be a good place to start investing in?
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Hello -So my monthly income vs. expense worksheet looks like this on a 6-unit rental property. Income: $8200 (full occupancy)Expenses: $2910 (includes 10% for vacancy & 10% repairs, utilities, trash...
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On jobs we usually have a dumpster , but after its gone there is always something to haul . I have a 5 x 8 utility trailer that is handy as hell , its light , easy to load and holds quite a bit . I have had this thing...
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Evening all, I am getting lost in NOI and Cap rates. What is the formula or points of reference to calculate investing in a multi-family? Can I work backwards from a projected rent? Lets say each door rented for $700....
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Looked at a Townhouse. Here are the stats.
3 bed that had the 2 smaller bedrooms modified to make one large room. so currently a 2 bed 1.5 bath. Brick faced and ~1100 square ft.
The place needs a roof (...
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Pen Fed vs US Bank HELOCShopping for HELOC’s I feel I have narrowed my focus from many, to a couple of options.With so many variables, I would love some feedback from people who have a HELOC.Pen Fed currently offer a ...
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Hi BP,I have another one under contract and am struggling to feel confident in moving forward.It's a fourplex in San Antonio in an area called Gardendale (not to be confused with Greater Gardendale which is supposedly...