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Hi, I live in Columbus MS where homes are pretty cheap. I'm new to investing but have some experience in purchasing a home. What is the best cash flow, buying multifamily and rent them out? Or buy a home and rent them...
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What would you rather buy, an occupied duplex(cash flowing) or an empty sfr? If it was your first deal, what would be more attractive to you, or if you were recommending a first deal fo a newbie?
We are desperately trying to refinance our primary to cash out some equity. We have been stalled for months because of the appraisers. We had two appraisals done and neither came through with any comps for our uniqu...
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I love David Greene’s outlook! I’ve struggled with having a strong mindset lately. I’ve tried rereading “The 7 Habits of Highly Effective People” and other self growth books. I would love a book in mindset and self gr...
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Costs of Hauling the Load Yourself vs. Renting a DumpsterBefore you decide that hauling debris to the landfill is cheaper than renting a dumpster, consider these questions:How big is your truck or trailer? Every time ...
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When conducting the Brrrr strategy for the first few properties; is it best to shoot for a higher ARV (equity) with a lower cash flow rate or a lower ARV and a higher Cash flow? What are the benefits and down falls t...
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The duplex is REO (2 yrs vacant), 6 bed/4 bath/2,200 sqf. Purchase price= $44,900. Est. repairs= $35K. My COMPS: There are six duplexes, exactly the same, on the same block, but no recent sales:$115,000 (sold 10/2004)...
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Hello everyone! I am finally at the time when I feel ready to purchase my first investment property. I have a couple of houses picked out that look great when I run the numbers. I am pre-approved to make the purchase...
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I've walked thousands of houses and this was a first for me. The house has a 1 room second story addition on the back of the house (as well as a converted attic space, 2nd story room in the front of the house). There ...
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OK, I am on the verge of making my first offer on what looks to be a great deal for a flip on a house in Pembroke Pines, FL. It's a house built in 1977 so it needs quite a bit of renovating. I'm unsure if to make th...