Katie Johnson
825k a year investment- what should I look out for?
Here are the numbers
44 Unit multi-family for sale $12,618,052
Gross Rent Roll - $ 918,000
Total Expenses - $92,950
Net Operating Income - $ 825,050
I think this is a great investment, on a large scale.
However...
Wes Peters
Utterly clueless determining repair costs....
Im 35 years old, I'm interested in purchasing a fixer upper SFH for my first property and I'm clueless about repair cost. The property I'm currently looking into is listed for 115K. The listing agent has put this in ...
Sharnita Smoot
Washington DC Rehab pricing
Greetings Fellow Investors, I am interested in putting this house under contract but I need help with estimating the rehab cost. The owner of the house passed away and left it to a relative. The owner was a hoarder. A...
Kingsley Okwerekwu
Estimating repair costs off MLS pictures...okay to do? Or stupid?
How can I estimate rental costs on a MLS listing from my computer? I am looking to begin my first flip in the next 2/3 months...is it okay to see fixer upper appear in my market and just make an offer of what I “think...
Rivy S.
Diary of my first BRRRR
I'm going to use this thread to chronicle my first BRRRR. All advice and suggestions are welcome!The property is a 4/1.5/1 located in SE Dallas. It is currently tenanted on a month to month lease for $825. My offer o...
Gabriel Roman
New investor looking for tips
Hello investors ! I am looking to start my investing journey and was wondering if anybody can give me some useful tips. Right now I am looking to start investing into multi family properties. Where does one start/ kno...
Ryan Dolinar
Cleaning and Damage Fees
I have recently finished college and moved out of my apartment to start my new job as an architect. The apartment management team sent me an email saying I owe fees of $110 within the next 30 days. $25: failure to p...
Jonathon White
Online videos: A good idea?
I made a video introducing my house for a prospective resident who lives overseas (http://www.aiyouliliang.com/129w/index.htm). , introducing the area around the house, the layout of the house, and a few common house...
Beth Matherne
First apartment complex
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $332,500
Cash invested: $66,116
this is our first Multi Family, coming fully rented and running with a proper...
Gardy Saturne
New REI Investor - New Jersey Market
What's up everybody. I'm on here to learn and connect with everyone that I can. I work in IT during the day as a system admin. I'm starting my REI investing with wholesaling first. Build up my capital to put towards r...