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Hey Everyone, I'm looking to invest in a property in Detroit MI, however, I understand that new owners have to pay the owed water bill in order to clear a property, and start moving in tenants. Does anyone know if the...
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My wife and I both work full time and have active life styles. Right now all my nights and weekends are spent trying to grow the RE business. However we will be having kids soon and I will need to be home more and f...
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Hi everyone! Im Mark from South Bend Indiana, Just starting my venture in the world of real estate investing after lurking for a long time. Im looking to obtain a couple single family homes for the purpose of renting...
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There’s a quote that applies to almost everything but especially real estate investing and it’s this:
When you first start to study a field, it seems like you have to memorize a million things. You don’t. What you n...
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I have heard that residential is less than 5 units and commercial 5 and up. What are the differences in entry barriers to go commercial vs residential? What are the rules concerning loans, financing etc?
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My wife and I spent 3 years looking for the right deal. Through proper planning we were able to close on our first mixed use commercial property. The property is vacant and in need of renovations (all of which is ac...
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So I found an out-of-state area that the numbers seem to make sense For the BRRRR model. The buyer’s agent/brokerage also owned a property management company. I was under the impression they would check in on the con...
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Hey guys so i have a question. Coming up on buying a 51 Unit apartment Complex. 8.23% Cap Rate bringing in 328K after all expenses. I have 2 lenders that will fund. One will do 80% LTC and the other is a Gap Funder th...
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Currently in the Marine Corps, 27 years old and plan on investing in the next 2-3 years (that’s the agreement my wife and I came to) starting with buying single or multifamily houses if the numbers work. Now a few que...
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Hi,I am looking to pick an area to start my first investment property. I live in Greater Toronto Area in Ontario and looking to invest around Hamilton, London, Waterloo/Kitchener area.However, housing price there is a...