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Wondering what the best strategy is here. I have 9 units (Quad and 5 SFR's all on 15 yr mortgages), everything is going really well, things are cashflowing quite nicely (Bought when the market was down).Right now, th...
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Hi! I'm putting a business plan together for a short term rental and I can find plenty of data from comps on projected vacancy rates of established rentals, however, I know I can't expect to come out of the gate with ...
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Hello all,Introducing myself,Currently just purchased my first home as a 'house hack'. A 3/3 townhouse in a suburban neighborhood of Orlando. The main unit is a 2/2 which I will be living out of, and there is a lofted...
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I have an opportunity to purchase a marina on Lake Norman in the Charlotte, NC Metro area. The sellers were already preparing to covert to a structure similar to a dockominium, which they are doing a lot of at marina...
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Hello,
I am currently reading the book The Millionaire Real Estate Investor and came across what Gary Keller calls "Story of Investor # 34".
Synopsis of story:
Investor #34 started investing by buyin...
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Aloha, I consider myself pretty new to the real estate game and I'm in a weird situation. I have about 200k set aside for an investment however I don't any provable income. I think Hawaii has to be one of the hardest ...
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I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...
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I'm working on my LOI, for a Mobile Home Park. I've run some numbers and looks like their is a tremendous upside. I own a mobile home that I am currently owner financing in this park, and was approached by the owner s...
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Hi!
I’m a new investor and bought a vacant lot as a quit claim deed from a bank. The bank hadn’t paid taxes on the lot for the past 8 years. So, I paid the taxes and the bank gave me a quit claim deed. When I went to...
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I'm 22 and used to work at a seasonal company last summer spraying peoples yards for mosquitos and was getting paid $17/HR. I left the job after the season and got a job as a property manager for a Storage Facility. I...