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Lets say you aquire an inherited property that’s paid off. It rents for $3300 a month but with taxes, insurance, HOA, PM, maintenance and vacancy % expenses, it only cash flows $1950. Sounds great but it’s worth 600k-...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $75,000
Cash invested: $165,000
Sale price: $380,000
Complete Gut out renovation, basically the only thi...
Spec builder wants to build on an expensive ski lot I own. He is willing to pay full price (even 5% over price in a year), but give me nothing today. He wants to take my lot with what I guess is an option, along wit...
I'm new to REI, but have done many other endeavors. I bought 2 houses and rehabbed them for cash. My plan, of course, was to refi and take out what cash I could and continue to leverage it. I started talking to lende...
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First off....I am taking a short break from the Minneapolis, MN market. Outside investors are paying beyond a premium and I am seeing long term hold investors sell like crazy. I am not talking about single family po...
What is the difference in the monthly net profit of a property bought for cashflow/appreciation? I hope the question is understood.
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Hello, I'm an investor from Tulsa Ok and I have a question for the rehabbers out there. Does it work better for you to hire a GC to oversee the project or do you have better luck hiring subs and managing it all yours...
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I am wondering if you are able to house hack a tri-plex or quad-plex in WI or MN? Are you able to get an FHA loan on these properties by owner occupying one of the units? I know you can get an owner occupied/low perce...
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If you had one question for a professional house flipper, what would it be??
Now is your shot to ask! James Dainard is a prolific professional house flipper, with a track record flipping nearly 4,000 homes in one of...
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I purchased a home 2 years ago and am now looking to refi into a second home and rent out my current house.Our neighbor installed a massive foundation that’s an eyesore and visible from our backyard patio (not to ment...