I've been searching around the Yonkers/New Rochelle and Stamford/Greenwich area and the cap rates are incredibly low; almost not even there. I am seeing 1% - 3% cap rates in these four cities. What gives? How does one...
What is everyone’s thoughts on using security deposits vs other methods? The last few places I have personally rented have not had security deposits but rather smaller non refundable fees during application process. L...
Hello all! I am doing a 3rd unit addition to a duplex in Minneapolis, MN. I am wondering if there are any general contractor recommendations that anyone here has worked with?I do have a couple companies already planni...
Hello Everyone!
I'm from Los Angeles. I've been involved in real estate since I was a child. My family has been in construction for over 35 years. Every summer since I was 7, I went to work with my old man and lear...
Hi all, after chairman Powells speech yesterday, it is clear that the fed is committed to fighting inflation by raising interest rates and selling bonds. This will have a negative effect on the housing market due to l...
What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...
Hi all - Anyone know the contact info for a fence installer? I need (want) to put up a privacy fence. It's roughly 200 lineal feet. I'm open to paying cash. Can be after hours workers, etc. No warranty, bonding or i...
Hey. All,Looking to do a 1031 Exchange this year on a duplex in South Carolina. Last QI I used was not a great experience. Any recommendation on a good QI who can help me though the process?Thanks!
I have 7 kids... here are some things teach and how I pray it conveys to the future1) Be a active helpful member of family - being helpful in society 2) Don’t expect handouts !! Work to better others first and in tur...
Hello experts, I and a couple are looking to invest in a rental property in Austin. As we are first time investors, I was hoping if the community would help and advise us with the questions below: 1. Is this the right...