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Currently have 8 units over two buildings and looking at a bigger acquisition. I found a great 36 unit complex spread over 3 buildings, great shape. Ideal price to acquire would be 1.7m, net profit of $156,000 per yea...
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To anyone who might have experience with this,
Facts:
1. I have a fully executed contract to purchase a bank-owned commercial office condo for all cash, closing next Friday. (Roughly 2-week closing peri...
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Many of the properties I've been looking at - in lower income type areas - have a few registered sex offenders on that same street. Is this an immediate no? Would you still invest in that area?I would feel pretty te...
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Hello all,New member here. I just found the website researching some stuff related to the issue below. I recently moved (not far, just found a house I like better). That leaves the question of what to do with my for...
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I often mention to people that I don't invest in real estate because I want to be ridiculously rich. I invest in real estate because I love the opportunity to problem solve and renew what once was, thus producing safe...
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I am considering using a Reverse Mortgage with the house I am in or selling it and using a Reverse Mortgage tobuy my next house. I need more information and a better understanding of Reverse Mortgages in order to mak...
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HOA requires brown windows. It will cost me an extra $3500 to purchase windows that are brown, with grids, and with brown capping. My windows are original, don't work anymore, have broken seals and waste energy. I'...
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So my plan is to remotely manage a few vacation rentals I currently own. Trying to set them up to be as "hands off" as possible. I have local resources to help out if needed, but trying to minimize calling on them. I'...
We know the multifamily market is on fire, largely due to low interest rates, plentiful debt and equity, and demographics. The largest group of millennials are currently 24 and 25 years old and in their prime renting ...
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So, wow.A neighbor next door, let's call her Jewel-EE - seems to be on a mission of sorts. That mission so far as I can tell is to be as silly and petty as she possibly can be during the process of us renovating the ...