Hey guys,
I am looking at buying my first investment property. Here are the numbers:
Asking 160k, but I plan to offer much less
Units are 2/1’s, rent for $595 each
Built 1984
Tenants pay utilities
Income: $595 x 4...
He is an experienced investor who I’ve wanted to partner with for a while. He seems to be very successful. He is asking for $100,000 Hard cashup front. Looks like return is 8% cash on cash. I need guidance. These are ...
I'll kick off the obligatory "what are you going to do better" post for 2015 . . . so, how are you planning on making this year a more successful one than last year?
Here are some of my current systemsI have a main website for all the properties I manage. I set up a new website for each property with pictures and info on the property. These sites are referenced in each ad that I p...
https://www.cnbc.com/2020/06/11/manhattans-empty-apartments-new-leases-plunge-62percent-in-may.html
“The supply of available rental units continues to accumulate,” UrbanDigs said in its report, which looked at all ...
Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
I am interested in transitioning into the so cal market. I wanted to network with other investors about the market in that area! Any pointers, locations to avoid, what strategies are working in that market etc... I am...
I have been watching the news coming out of Houston non stop and it is truly heart breaking to hear some of the stories. Obviously my thoughts and prayers go out to all the Houstonians suffering through this. I am sta...
Im a young investor - relatively new to the game. I have built up to acquire a 16 unit apt complex worth roughly a million. Here are the numbers
Gross rents - 13200/month 158,400 /yr
Operating costs avg range-82-88...
This is always a looming question prior to any elections. What will happen in real estate? Will prices continue to slowly rise as they are doing now? Or will prices stagnate or go down?
Please share your opinion on t...