Hello, I'm new here and also new to real estate investing. I'm looking at a property in inner city with a pretty big backyard (an around 1800 sq ft backyard; small for suburbs but already quite large for cities). It's...
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Investment Info:
Large multi-family (5+ units) commercial investment.
Purchase price: $826,000
Cash invested: $206,250
Sale price: $1,135,000
Single level 6 unit building with a laundromat. Th...
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Hey everyone! I'm looking to buy a property that's a mix of commercial and residential, located next to a train station. It's fully rented at the moment and has a cap rate of 10%, which seems promising. However, the a...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $190,000
Cash invested: $45,000
4 unit with out of town landlord being mismanaged by property management com...
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Hi guys, My goal is to work full time as an investor. I am a former operations manager in the manufacturing world. Was laid off a few months back. I think it would be valuable to work in the real estate field before g...
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Does your property manager pay property taxes and mortgage on your behalf?All rental property expenses paid through the trust account I have with my management company, including property tax and mortgage. I like havi...
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Does anyone have experience with some of the longer term private lenders for buy and hold such as Colony American Finance or Lima One? There seem to be very mixed reviews from a couple years ago, and I can’t find much...
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Hello everyone, I recently noticed drug use near my property in Franklinton. I'm curious if there are any future plans for this neighborhood beyond developments like the Gravities, Bottoms Up, and other breweries. Is ...
I have a couple of questions about aspects of the BRRRR process. Apologies in advance if these are obvious, I'm still trying to fully understand it.1. When you first buy, can conventional financing be used with the sa...
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We're out of state investors that have 3 properties in Birmingham. Class C/D neighborhoods with both Section 8 and private payer tenants. Managing the PM's is becoming a problem. I'm assuming that they're either unde...