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Like many in the STR community we has switched our target from STRs to Boutique Hotel investing. We have honed in on a great property with tons on potential here in Richmond, VA. As expected the banks I've talked to t...
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We start our first flipping project in San Jose, we will hire licensed contractors to apply for electrical and HVAC permits. However, we are debating whether we should get the permit for remodeling as well. We need to...
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I was reading a thread on here and someone brought up MIRR (Manager's Initial Rate of Return) in passing. What is this, what does it tell me, and how do I calculate it? Why do I want to know this?Thank you for any res...
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All,
We are looking to build our second STR but needing some advice from others who have done a construction to perm loan before. Our builder currently has his finances tied up in a different build, so we are need...
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I'm curious if BRRRR ("fix & rent") works in the Omaha metro area. Essentially, the ability to have your purchase price + rehab costs <70% of the ARV, so after you rehab you can find tenants & then refinanc...
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How essential is it to have your own RE license if you are thinking of becoming a buy and hold investor? Any drawbacks or specific advantages?
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So far I have only looked into two hard money lenders but both have indicated the same thing in their website, they will not fund owner occupied dwellings. Does anyone know why this is? Are they concerned about the co...
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Investment Info:
Single-family residence fix & flip investment in Bainbridge.
Purchase price: $48,000
Cash invested: $50,000
One owner estate auction purchase. Really good bones, but major need o...
Hello everyone! I am currently a college student going into my junior year of college. I have had a rough time picking a degree but I am now very interested in investing in real estate. I want to work for myself as op...
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In Toledo when performing an eviction, you have two options. The first, and most common, cause is to evict for possession of the property. This is the classic "get out of my house" action that most people are famili...