I was reading a thread on here and someone brought up MIRR (Manager's Initial Rate of Return) in passing. What is this, what does it tell me, and how do I calculate it? Why do I want to know this?Thank you for any res...
I'm excited, and ready to "pull the trigger" with MH investing! The only drawback is... Initial funds to get things going. At this point, I realize that saving is probably the only option. In keeping with what Robert ...
How do you normally get the initial security deposit from a tenant? Getting ready to have tenants sign the lease in WA, is it okay to ask them to do a bank transfer before giving the keys after the lease is signed or ...
First off, let me introduce myself. I was a member of this forum many moons ago. Life and priorities change. Now my wife and I are retired (we prefer to say "rewired") full time workampers and along with millions of o...
I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it. The location is prime—adjacent to a college that has experienced 37% population growth over the p...
Hello everyone, first, thank you ahead of time for reading this. I am a new REI and have decided to start my new career in long term holding rental properties instead of flipping, in pursuit of the financial freedom a...
Hello all,I'd really appreciate a few thoughts from this amazing community. I'm in need of some help on the best way to manage the rehab costs of a new property within a three-person LLC/partnership. This is the first...
Hey everyone,I am analyzing my numbers on a triplex in New Jersey as a BRRR and may submit an offer this week. I would be obtaining a loan for the purchase price and paying cash for the repairs. After 6-12 months, I...
I’ve just been approved for up to 200k fha and have found a 2 unit home that I plan to househack. The listing is for 185k and has everything I’m looking for In terms of location and amenities. This is my very first de...
Second post. Learned a lot from the first post I did yesterday:). I put a house in a very good location under contract for 83K. Inspection revealed tons of major issues in the crawl space (flooding etc) and renovation...