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Hey all,Wanted to share my story of my 3rd deal. At the close of the refi it was at 23.5% cash on cash and a 9.4% cap rate in a market where comparable multifam is trading closer to ~5.3%.I'd done two others (maybe fo...
We Are All DetroitDo you think the damage from the pending bankruptcy of the city of Detroit will be limited to Detroit? Think again. Detroit is partly the victim of economic trends far beyond its control, the down...
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On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
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Hello everyone! First time poster here. Im a stuntman in the film and television industry living in both atlanta and los angeles. I just finished how to invest in real estate in 2 days and Im really looking to t...
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I am looking at rolling my 401k into a self directed IRA with checkbook control in order to flip properties. I will be buying the properties using case from the SDIRA and reinvesting the profits back into it. So I w...
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Hello everyone! My name is Rylie and I am looking to buy a property short-term instead of renting while I am in enrolled at Michigan State University for the next 3 to 4 years completing a BS in computer science and a...
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Hello all!
I'm looking to fill a vacancy and would love to use an online platform like cozy or mysmartmove for applications and screening. However, with the new laws passed in NY limiting application fees to $20 and...
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good day
This message is sort of a hybrid "introduce / newbie" question so I hope I've put it in the correct place. I'm 43, I've been dreaming about investing in real estate for years, but with a recent in...
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Hey friend :)I am currently maxing out my 401k, which leaves almost nothing left to save for a down payment. This made sense: my company offered a 25% match on 100% of my contributions. However, I am now planning to l...
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hello bpSo I am a new investor who is working on my cash position right now. I should be in a "comfortable" cash position early next year. My question is should my first property be a turnkey? I understand that I won'...