Hi Y'all!I used to live in South Florida and have been to Hollywood many times, but I am unfamiliar with this specific area. My cousin is selling his 5-unit townhome complex about 2.5 miles from the beach. It is zoned...
I am looking to take on a single family BRRRR project within the next few months. Obviously I cant really do much right now due to the pandemic so I am researching but I have a few questions regarding the financing: I...
So I have been spending a lot of time of understanding several different financing techniques and the power of leverage. So here are the cards in my hands before playing...- I just have been working my current employe...
Hi All, I am a contractor doing business for over 30 years. Was in a partnership with my father since the early 80's in New York Suburbs. Back when we started and land was cheap we built a few spec houses and did ok. ...
I have heard of investors writing 400 offers in a year and only getting about 40 deals. How many offers do you write and what is your ratio?
Hey everyone,I am looking for resources on risk management when moving from small residential real estate to medium size commercial multi family (20-50 units). Specifically how to set up your contracts in a safe and b...
Hello everyone,Haven't posted much in a while, but was thinking about the ups and downs I've personally experienced in REI and how I stayed motivated when financial freedom seemed so far away in the beginning.I rememb...
I own a home in the salt creek landing subdivision in Berwick. I have a property management company bidding me at 10% monthly fee, with a 375$ "finders fee" every time a new tenant moves in and a 175$ lease renewal fe...
So.. Here's the situation.
I've found a property I would like to purchase The bank won't loan on it because it needs some rehabI would like to get a hard money loan to purchase it and fix it upThen I would like to mo...
I am getting into the game and having a hard time getting data form even some exp. investors on this.
The vacancy in my area is roughly 5% (urban NJ areas).
However, I use 10% for all my calcs for 4-family homes..
N...