I'm thinking about buying a laundry mat, but have no idea where to start. Any tips would be greatly appreciated.
Thank you in advance for any and all advice. I googled "is a car wash a good investment" and found a whole bunch of threads from this site that provided a lot of good insight. None quite match up with my situation whi...
Is there a "rule of thumb" regarding a ratio of income you should get from a rental property versus how much a mortgage payment is on that property. Obviously you are in it to make money, but is there a criteria that...
For example, a tenant in a property puts down one month security deposit at the signing of the lease to landlord A. The property is sold to landlord B half-way through the tenants lease.
Now the lease is up and I ass...
I need to place 1M in cash and at least 650 in debt to satisy my 1031. I'm in week 3 of 6 for the id time period. I have a trailing collateral lien attached to my 1031 so the replacement property can not be a syndicat...
How are most people starting off in the investing world? Flipping , rehabbing, bird dogging, buying notes, holding?
The laundromat is very beat up but also very popular. I've never owned before so it is a learning curve, but the cash on cash return is so far phenomenal considering I just stop by every morning to check on the attend...
I've just recently added a coin-op washer and dryer to a 4 unit. The first month went well, and being a little OCD, I counted the coins in each box. The usage of the two machines matched 100%.I just emptied out mont...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $140,000
Cash invested: $28,000
Each side is a 2 bed / 1 bathroom unit. Shared washer and dryer
Wha...
I am in the process of trying to buy two properties side by side in a downtown, historic square location, both on "Main Street." One of them is an old warehouse, built in the late 1800s, that was condemned by the city...