I’m in a market where I can buy a fixer for $85k or so but needs anywhere from $35k-$50k in rehab. Basically I’m all in for $60k...$60k = $450/m cash flow (Mortgage, Taxes, Insurance, PM) * I know there’s maintenance ...
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
Everyone thinks they know the best places to invest, Ca, the south east, Cincinnati, your back yard...But, there is NO city that I hear more contention on than the city of Chicago. The third coast has ample opportunit...
Hey guys, I wanted to share another great story on a property we closed earlier this year.As I’ve shared in previous posts, I have been partnering with other people to acquire more rental properties in Canada.I believ...
It is pretty amazing to find just how many people are offering "mentorship" for 10s of thousands of dollars to newbies who want to get into real estate. What is more amazing is the amount of people actually buying th...
I'm super green with everything to do with REI. I'm more excited than fearful at this point which is why I know I'm ready to jump in and look for my first investment property. I started learning more about real estate...
My husband and I invested in a property with Mack about five years ago. We intended to do several but within the first year it started going bad. Awful tenants, evictions, drops in rent. Nearly impossible to get an...
Well, it's finally happening! I dipped my toes in a project a few years back but I'm diving all in now :-)In a nutshell I'm looking to...
-Purchase land (0.15+ acres)-Build a new construction home (2100sf, 4bed, 3 b...