Hell all,It's been a while since I've posted. I am new to real estate investing and have recently started watching video and seminars on here. I'm interested in investing in a multi-unit property out of state. My pric...
Hey guys! Sorry if this is naive but I figured this is the place to ask my "stupid" questions. How often would you say the "50% rule" of expenses applies in real life?
For example, how many years say in 10 ...
I do home renovations, rehabs, and restorations for a living and looking to start investing in flipping for myself instead of other people. Having a hard time finding deals in my area in my cash price range. Made a fe...
I am looking to invest in the Cleveland or Columbus area on a rental property within $200K price range. Is it possible to find positive cashflow properties in these areas (positive after including mortgage)? What shou...
So I own two 3 family properties that i currently have about 200k and 150k in equity in and I'm trying to decide what is the best step to take next. I have a few ideas...1. Sell both properties to yank out the equity...
We have many, many SFH and work with local banks. We just had a new line of 1M approved for that. We usually pay aroundHowever, I am looking at a small multifamily (12 units) that we would like to buy. It ...
Are bank appraisals for loans on commercial property typically lower than comps? I have commercial property that comp'd at $44,000. I decided to sell it quickly for 1/2 price just to move it fast for $22,000. The b...
I am decently new to the idea of real estate investing. I have been studying, reading and learning as much as I can over the past year and feel confident that I would be successful if I could get the ball rolling. I l...
Hello all,
I normally do single fam, so I wanted a quick hand with numbers on a deal I'm considering.
Location and repairs aside, strictly by numbers, what do you guys make of this deal:
Single house, 3 fam:
- 2 be...
Hi BP,I purchased a home towards the end of 2018 that was under a homestead exemption for 10+ years. The property had been taxed at 240k in 2018. After the sale, Dallas county raised the appraised value up to 440k (sa...