A run down house in a good neighborhood is for sale at $230K. It has already been reduced by $20K, but I think the renovation costs will be quite substantial given the list of things that need to be replaced inside a...
Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...
We are under contract for a 4 unit apartment complex in Taft for $170k.Each unit rents for $575. Currently, there is 50% vacancy. It was advertised as fully occupied. I talked with one of the tenants who has lived the...
With over 40 million people unemployed, is multi family a safe investment? What do you guys think?
I went to my first REIA meeting the other day.... I was surprised to see that there were only 6 other people there.... The guy speaking was a wholesaler/flipper.... After about an hour of casual conversation about thi...
Hey, I am starting too look at investing in the Twin Cities as I am from here and don't have a desire to start long-distance investing yet. Considering the past few months in the cities, the neighborhoods near downtow...
Hey all! I started my REI journey in Q4 of last year and have since picked up 2 properties. They are local long term rentals with very little if any cash flow. But it got me in the game and they’re in great areas🙏Tha...