With home prices still very high and interest rates now high too, is anyone actually cashflowing on newly acquired property? Even the 1% rule doesn’t seem to work anymore Example: assuming 20% downPurchase price: 250k...
Hi I recently came across a truck station gas station deal in the northeast, selling for about $2.5, revenue around $6.0, and cash flowing around $500k. Seller is claiming that they do over 2 million gallons a year. I...
I have 2 triplexes near Boston that I self-manage. I've put in a lot of money into renovations mainly because initially it was non-stop repair calls. I now have new bathrooms, new boilers, new water tanks and yet I st...
Whats the best method for calculating accurate repair costs? Should I hire a GC to walk through every property with me, or is this something manageable on my own? I am a new investor working out of Wichita Falls, Texa...
Scenario: Asking Price $159990 for a property by seller, I'm prospective buyer
The Nightmare: Modular home built in 2003, currently owned by rental company renting for 50% the going rate of the area, property next do...
Hi, I am brand new to real estate investing (have only listened to podcasts/ watch videos/ etc). I found a house for sale in a not-so-great area for $10k. This is because there are several things not up to code and th...
Over the years I have had several rental properties in my state (CA). After years of low Cap Rates and cash flow in CA, I decided to buy my first single family home in suburb of Cincinnati. I bought in a nice neigh...
Hi, This is my first post. Been a passive member for a while. I have 7 units, 4 buildings in Milwaukee managed by a reputed Property Management company. These are some of the repairs charges they have charged me over...
Let's say a sewer system for a single-family, low-income rental house in an economically depressed area of NY State, dies. Let's say the hypothetical repair costs $20,000, and monthly rents are $750. Let's say, for c...
I put an offer of full price on a rental property in allentown pa, the only thing I asked the seller for was a clear certificate of occupancy and he agreed under contract. Now we are a week and a half away from closin...