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I understand that value is driven by income when dealing with multifamily (5 units plus), but at what point do upgrades/renovations increase value? For instance if I have an 8unit that has old painted cedar shakes and...
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Hey Everyone,I am new to real estate investing. I am looking at into getting my real estate license ( I am from Michigan) but am not sure where to hold my license so that I can practice but not be expected to go out ...
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I've been reading many books, looking and analyzing many properties for a few years and I seem to be like all the others that fail to get started. The blueprint to cashflow seems to be overly simple. Save money, find ...
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Hello,
I saw a short story of Robert Kiyosaki where he was talking about financial advising personalities. He said that if you are poor you listen to (name I didn't catch). If you are middle class you listen Dave R...
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I've had two recent issues with break-ins and attempted break-ins within the last month at my triplex. My initial setup was a deadbolt and handle setup. In the break-in, the deadbolt was left unlocked and a student-te...
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I'm learning everything I can about the Opportunity Zone program introduced in the Tax Cuts and Jobs Act and thought I would share what I've been learning, the links I'm using on a daily basis, forum posts that have b...
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I have a subscription to AirDNA and I am a total newbie to this space. I'm looking at one property that projects the following data:$76K in Revenue, but Net is 48,369. Cap rate of 5.5%, occupancy rate is 64%. What ...
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After years of doing this, I still get the odd surprise. All of us who do DIY rentals understand that one of our biggest saving points compared to the hands-off investor is the kitchen drain. To hit the high points:1....
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Hello, I am a Real Estate Agent planning on doing my first flip in 2024! I have a friend, who is a licensed GC who wants to go in on the deal with me. I will be finding the deal, fully financing the deal, handle the l...
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As a realtor, investor and 'developer' on the Pacific Coast, I sold several properties at or close to 'peak' pandemic boom in March.
Since we felt that the timing for re-investment was not ideal, my fiancé and I dec...