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Something very interesting happened to me just recently. I bought a small apartment building this time last year. Kept it for just one year. Now I just sold it yesterday and made a 900% profit. Basically I turned $100...
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Hey Forum. I was wondering what you think.
I'm looking at houses in the 100k-150k range(I know the neighborhood well). Then I would rent it out to come closeto breaking even on the mortgage. Then in about 4-5 years I...
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My business partner and I co-own (50/50) a STR in Hawaii that we both manage on our own. We've completed Cost Study and are working with a CPA. There are some questions that we are having a hard time getting answers t...
We have been under contract since 4/30 and doing a 203 k loan which requires more paperwork and takes a little longer. We are ready to close and have already come back from underwriting and just waiting on appraisal. ...
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Hi folks, Looking to get peoples thoughts on wine rack cabinets and rental units. Cabinet guy can sell for same price or less then normal cabinet so considering adding in units that have plenty of cabinet space. Ar...
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Hey Guys,Very much a beginner here so forgive me if this is a silly question...I'm have just read about the 1% and 2% rule and started running a few numbers. I am from Auckland, New Zealand (an expensive market), but ...
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Good day all,I have a long term rental that the tenant is vacating early. I am looking to 1031 this into a better multi unit investment.My question is this. The decor and such is still largely late 70's. Scalloped s...
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Aloha everyone!
Like many, I was a service-sector employee who was made redundant due to CV-19 back in mid-March. Prior to this I was the General Manager of a brewery/restaurant for over 3 years with solid W-2 income...
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First time home-buyer trying to house hack on a 3-family home using an FHA in Troy, NY. I found one for $260,000. Monthly payments would be $2065 with an interest rate of 2.875%. With utilities & flood insuran...
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My wife and I are looking at purchasing a 5+ multifamily complex close to an industrial / refinery community. We want to fully furnish the complex and rent to contract workers. If the complex already has renters, do...