So what is the most accurate way to know you got a good deal on a property? Get a appraisal done on property? But it seems everything goes off comps so what in saying is you can buy a junk 3 bedroom/2 bath in a nice n...
Hi friends! Where we live right now in Denver, CO, SFH's are, for the most part, over $500k... We really want to keep investing in STRs, so one thing we've considered is building an additional dwelling unit already on...
I talked to a CPA firm and they told me that if I have a S elected LLC to manage the Airbnb (even hiring another property manager through the LLC), the income of the rentals of Airbnb can be considered as income throu...
I have a triplex I'm lending on in Louisiana. It's in a smallish town but easily makes our 50K MSA minimum.Our underwriters prefer comps to be the same number of units, within 10 miles and 12 months. There simply are ...
After being interested for many years, I finally pulled the trigger and am under contract for a duplex in a class C neighborhood where I live!!! The duplex will be used as a long term rental.I have posted my numbers ...
Good problem but still a serious problem.
We have recently gotten very active very quickly on buying, rehabbing, partnering, hiring maintenance, etc. We opened a little Rentec account and although its cool, ...
Newbie to 1031's here. Ive been reading up and ive had difficulty finding an answer. I own a business that I am selling and I will pull out a chunk of money after paying off the remaining debt service. Does anyone kno...
I have commercial property that generates $144,000 per year on NNN leases. My mortgage totals $36,000 per year.
I am nearing a condemnation offer from the state due to a new bridge going through the property.
I hav...
Hey y'all, What areas around St Louis are you finding the greatest value on returns? 63031 has been really good to me but the inventory is scarce these days. It's tough to find a solid deal without giving up the bank....
It's been a while since I have last posted. I have been mostly absorbing everything I can from the various threads on this forum. Thanks to everyone for the invaluable insights on various topics.Simultaneously, I have...