I’ve previously posted about converting my garage into a studio ADU. The new cost to do this was estimated to be around $90,000. Yesterday I received a call from my contractor about a new solution. He has found someon...
We have had trouble getting bank financing over and over. We have experience, assets and reserves. We prefer to get seller financing but fewer sellers we come across are interested. We have a park under contract now b...
I am looking to convert a media room (12ftx15ft) into a bedroom in one of my houses. The known costs are $3,500 to put in a window (one doesn't currently exist) and building permit for $150. The room has a closet and ...
Hi everyone! So thankful for such an amazing portal of endless resources, contacts, and topics for real estate investors. I am gearing up in preparation for my first deal. Looking for SHR and/or multi-family.
While I...
Just started here on BiggerPockets! I listened to several podcasts and read through many posts, and I've finally decided to jump forward on this new adventure! I love how everyone on here is encouraging and it has m...
My first 3 unit apartment building .... purchased at $235k with 3.5% down, seller paid all closing cost, my initial investment at closing was $9186. Exactly the same building right next to mine closed a day later a...
Is there a general rule? Should you have enough to pay off the mortgages if you have too? Or enough to cover all properties if they remain empty for a certain period of time?
Scott Trench states in the conclusion of Chapter 9 that it is "inefficient and dangerous" to attempt high earnings if an investor possesses less than $100,000 ready-to-invest dollars. He goes on to say that it would b...
Hey guys, im digging into annalying some deals. What is the typical cash on cash return that you would say is appealing enough to move forward with? Also what typically are you putting into your monthly expenses to ca...
I would like to get Private Money Investors for Buy & Hold Investments .. but what is the standard ROI or deal structure for this type of funding?
I am thinking 6% annual return and 10% Equity? Should I even add...