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Hello. This is probably not as much of a success story as I often see here but... To me, this is big. We bough the property at the end of 2015. All cash. $54k with closing costs. Owner occupied. We renovated it big ti...
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Hey Everyone,I currently live in Colorado and am looking to purchase real estate to eventually turn into a rental. What are your thoughts on good markets to be targeting (towns, cities, states, etc.). If you were look...
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I am just curious as to what investors are finding more important. I have an array of clients, some seem to care more about the actual profit while some seem to be only concerned about the ROI. What is the main th...
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Situation: I've got this deal I'm working on where a shortsale was initiated by the current owner. The sales price ($37,000) was approved by the lender and we made an offer for $35,000 that was accepted. I got the...
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I had this thought as I am house hacking (Syracuse NY) and want to make my unit nice with some upgrades. I am curious on people's thoughts on this topic.Should you or should you not make your apartment that much diffe...
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I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...
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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...
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First time landlord here. We just started advertising our rental 3 weeks ago. $1675/month for a 3 bedroom in Garfield NJ. We've gotten a lot of interest, 30 different groups of visitors, of those 8 applicants...We wan...
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I am looking to really dive head first into the multi-family syndication world. I have been listening to The Old Capital Podcast, Rod Khleifs podcast and reading books and blogs on syndication and at this point I'd li...
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What's your motivation in being a part of the real estate business?