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I'm trying to figure out the total cost of a renovation in the Midwest.On a house I'll sell for 150K, would these numbers be enough? Doing most of the work myself. Flooring, 1300 sq. feet, $4,000.00Baths, (2) $4,000....
Hi there,I am thinking to buy my first property, I am a full time educator, this would just be a little extra for me. I have about 40K to either invest, or buy a property with. I found a very simple condo with an exc...
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I’ve bought and rehabbed my first rental property. I have $70K in it all together. It rents for $800/month. Only 4 months in to my first tenant, and he is asking what would I sell it for. I planned to atleast rent it ...
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Hi all, I’m currently looking to find a “home run” buy and hold deal that will cash flow. In my area, I really haven’t found anything because the market is currently so high. I’m finding similar issues in other mark...
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Can anyone quickly share a math model of a the depreciation recapture scenario below? Thanks in advance for considering.
Purchased a home for $700k
Completed $25k in renovations
Completed a cost seg study (80% bonu...
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Dear All,I'm considering purchasing a property using an interest only HELOC + Conventional loan. It is a 3-family, which after expenses should produce about $360/month (see cost analysis attached). Rents are currentl...
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I have been following WeWork for while now wondering what is the big deal? $45B valuation? For what? They are valued and treated like a tech, but they did not create anything new. The sobering light of their finan...
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The single-family home rental business is less profitable this year compared to last year across most of the country with yields decreasing due to increases in cost of living. That is why it is more important than eve...
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The REO I'm most interested in has a flat roof (that's the only negative that I can see about it). However my insurance agent said she only has two carriers who will write a policy for flat roof. I'm waiting to get mo...
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Hi all, I’m getting out of the military in 3 years and I have a 750+ credit score. I want to start investing in single family rentals. I live in Savannah Ga and I’m close to a few large colleges. Me and my wife want t...