Hi all! I’m working on my first real estate deal with a partner and investors on a multi unit. My partner and I are trying to figure out a fair equity split. Here’s how it goes: I put up down full down payment 220k. I...
If you have a CCIM designation, what was your experience like earning it? How much time did it occupy you in your life? Has this benefited your real estate investing career? Basically asking if it's worth the money :)...
Purchase price 180k, closing costs about 6k, initial repairs roughly 5k (based on review by my property manager/inspection)Annual income total 39,300 Tenants pay own utilities, roof is about 6 years old, newer boilers...
When putting together our first multifamily deal, we built in a cash reserve to be used over a five-year hold for such things like capital improvements and unit upgrades. We don't anticipate using all this money in ye...
My wife and I started learning about real estate in January of 2019.
In June of 2019 we purchased our first primary residence and converted the basement into an 2 bed/1 bath apartment which we started renting out in ...
HiNewbie here. Awesome forum. Love reading great posts. So this is my situation. I have a Solo 401k trust account established through mysolo401k. I have got my EIN too. They have been very helpful in answering my que...
Hi, I'm interested in getting into real estate, and I started modeling out some numbers based on a potential vacant rental in Florida (and some other places as well). I wanted to ask the Pros here because, given what...
My previous post got deleted... apparently I worded something wrong that made this look like an advertisement or solicitation so... trying again. Am I on a fruitless search to find 80% LTV for a TriPlex? Thanks!
Good morning! I'm looking to bounce the numbers off the members on a deal I am close to having under contract in the northwest suburbs of Chicago. "A" location with a "C" property ( in it's current condition). These a...
Hey, I recently bought my first rental property in Polk County it doesn’t cash flow enough for me to have a property manager so I would have to manage this myself for the time being, however in about 6 months I would ...