So let's say the LP puts in 100% of the equity, for simplicity sake. And let's say the asset performs really well, and LP IRR is around 18%, a great return. However, it's at an 8% preferred, 70/30 split to an LP 15%...
Have you thought about the benefits of selling your rental with the tenants in it?-consider selling to an investor (turn key investment)-consider selling to the tenantThoughts?
Hello all- Appreciate some guidance if possible-My Brother and I are looking to purchase a property that currently operates with 2 units- The building is considered a SFH though and the current owner pays utilities. ...
I'm looking at a 25 acre property in NC with three homes on it, one move-in ready cabin, a move-in ready park model on a foundation, and a third ranch house in need or repair. The idea is to purchase, live in the par...
We bought a rental a little over a month ago. We're advertising on Postlets and Craigslist (renewing every few days) and so far have only shown the house four times. We've got reserves to cover the mortgage for a long...
I feel comfortable analyzing a deal but what about a market in general. Im thinking from a neighborhood/city level. What methods do you use when deciding to enter a new market? Best books and resources to learn from?
I have a candlemaker that has rented the non-conforming 3rd floor unit of my property for the last 3 years. She is not supposed to be living in the unit because it only has a half bathroom. To paint a picture, it wa...
Hey yall! Long time reader, now trying to gain some more advice. I have a large income, great credit score, a down payment, just not enough for 20% down OR not enough down to meet the conforming limit of $766,000. I...
Mortgage rates are about 6.9% right now, and have been trending downwards for 2H 2023.
There's a poll going on in these forums, and most of you believe that mortgage rates will decrease in 2024.
I'm not betting on...
a little bit about myself, My we are currently in our early 30's with 2 children both under the age of 3. We've been extremely fortunate in having had the help and ability to pay off our home here in Edmonton. I work ...