I'm interested in a duplex in my area, but there is no central air system installed in the home, and the heat is baseboard electric. My initial reaction is to be concerned that window A/C units may not be satisfactory...
I've read a number of inquiries on this forum from investors asking for recommendations on "Cost Estimator" software for flips. Unfortunately, most of the replies I've seen on here tell people to read books, learn all...
Hello there,I'm closing on 114 acres of timberland in Baldwin County, Alabama soon and I'm buying at a steep discount for the surface value. The land has been unmanaged and I plan on planting longleaf pine trees once ...
Hello, a little bit about me, I’m 30 years old from Florida I moved up to Alaska a while back where I commercial fish, I make 6 figures a year but I’m gone 7-8 months a year which is extremely taxing on my life, menta...
What is the biggest real estate investing mistake you have ever made?
Please share your experience in detail and provide a solution (if applicable).
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Just closed on my 3rd rental. This beauty was built in 1977.I learned today how much "fun" there was in trying to peel off painted popcorn ceiling. It definitely doesn't want to come off easy. I've already taken out a...
My goal is to purchase my first apartment building before the end of 2016 and I have been studying, reading, and listening to everything I can get my hands on. Recently I have come across information from a few differ...
Here are the basic details of the project:Closed on the deal on December 18th of last yearLocation: Plainville, ConnecticutPurchase price: $120,000.00Rehab amount: $22,000ARV: $210,000Property type: 3-familyTaxes: $38...
We are just starting out in our buy and hold strategy, and I specifically told my agent that we want to spend around 40k, and are interested in short sales, foreclosures, etc. She showed up for our first meeting with...