Hi All,I'm pleased to have found this forum, it seems to be the right place for me to begin my journey into REI.A bit about myself - I am under 30 years old, married to a wonderful lady, and have a toddler boy. Hurray...
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Looking at P&Ls I see a lot of stuff that is placed in capital expenses that seems like it should be in maintenance, ie above the NOI line--but I don't know completely what the industry standards are.There are thi...
Hi All,I'm from Australia where the market is extremely high where the average single family home here in my city costs 900k and cash flow is extremely hard unless you have a lot of capital and put down a large down p...
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What would be your next step based on the following situation. . . . . My accumulated Student Loans of $179,400 for advanced INT’L BUSINESS DEGREE were FORGIVEN and Fully PAID OFF, and I am extremely grateful!
Now...
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Here is a deal that I currently have under contract. I would love to hear your thoughts. Lots - 89 lotsOccupied - 57 lotsPOH - 0 (9 will be kept under a master lease with seller and will pay lot rent)Vacant lots- 32Ut...
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BP, I have a 6 unit deal on the table that I would like to get some feedback on if possible. The owner is wanting a little more than what I wanted to pay but I have 28 units within a block of these 6 so it’s extremely...
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Hi everyone,My name is Sal and I'm currently living in Westchester, NY (about 25 miles north of manhattan). I'm primarily looking to get into cashflow properties. I currently own two properties, one of which is bein...
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Hi! I'm a 24 young old young man new to this world of Real Estate investing. I'll be honest this whole process is extremely scary to me. My current situation is:-I live with my aunt saving money so i pay small living ...
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Does the 70 Percent rule apply to homes with an ARV of 700K+? the higher the price of the home the higher the gap you pay with the 70% rule is. I noticed doing the 70% rule on much pricier homes the offers are extreme...
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It’s 2021: historic low interest rates, home prices continue to go up. Ironically unemployment rate is up and it is extremely difficult to evict tenants for not paying rent.It sounds like a ticking bomb to me but I do...