Hello All, I am working on a new construction hotel project in Smithfield, NC, and am seeking constructive feedback from professionals in the hospitality sector. Below are some key metrics and the proforma I have comp...
Hi, Quick question on investing in motels. Does cost segregation and double depreciation apply to motel investing as well? I know for multifamily a general rule of thumb is roughly 35% of the purchase price can be dep...
We have a home that has been on the market for over a year now, and we've yet to get an offer, even after multiple marketing strategies have been tried.Home info:- High-end neighborhood- 4,046 sq. ft. 5+ bed, 4 bath, ...
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Hi Everyone! I work and live in Hong Kong (the most expensive RE in the world) but grew up in Southern California. I have had some RE experience in the past owning properties in New York , Los Angeles, and Hong Kong...
My girlfriend and I are trying to buy a 4 family home in Rhode Island. We want to live in a unit and rent the other three units (House hacking). My girlfriend seems to not understand why we need to house hack opposed ...
I always thought Keller Williams Realty recruiting tactics were cringeworthy and my opinion hasn't changed but, somehow, eXp Realty recruiting tactics are exponentially worse. A Realtor in my office was recently hit o...
I built a rental portfolio of 127 units and soon to double in the next year. I've experienced a little bit of everything: wholesaling, flips, single family rentals, multi family rentals, office, commercial, developme...