Hey guys! I’m just starting out with RE investing and I just had a few questions. 1. How are people able to become millionaires through owning rentals? I understand how cash flow works but I just can’t understand how ...
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I used Josh's new file vault this evening to upload a beginner model for evaluating small apartment complexes. I would appreciate feedback if people want to take a look:
Pro Forma Template - Small Apartments
Hopefu...
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- In Miles, Hours Or however you would like to measure... - What was the FURTHEST distance you have bought an investment property from where you reside?
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An off-market deal has been brought to my attention. The owner is not selling, but is not opposed to selling. The unit is a 12-unit apartment building in Connecticut. 11 of the 12 units are currently rented. All u...
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Hi guys, I read reports on real estate investing and there is something I do not understand. Please enlighten me. I saw something inside the report like CAP RATE 15.2% ....
What is
- The meaning of CAP RATE in laym...
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I'm new here --we bought a 5 unit rental property in Hillcrest (San Diego, CA) for $411k in 1999. It has a positive cash flow now as we've remodeled and raised rents over the years. I manage the property and we live n...
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Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...
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I'm looking for a small number of people who own/manage between 2 - 10 rental units and looking for a good Excel spreadsheet to keep track of the income and expense. I would like to share the sheet I'm using and tryin...