Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?
Thanks!
I bought a 1960s 355k duplex with an owner occupied loan. 7.5% interest, about 2800 mortgage payment. Since living here I’ve put in a new HVAC in both units and kitchen into one unit, I’ve max out my credit card, and ...
Hello all. I've gone through so much turmoil in life . . .including beating cancer 3X . . .so to come to this point as I finally have been granted a 3rd chance at life is frustrating to say the least. My offer was acc...
The trending topics are flooded with concerns based on current events, and understandably so. However, life goes on! What’s going well for everyone??For me, I have a couple great successes1. A deal fell through in a v...
I'm very new to the idea of investing in notes generally, and I have a question regarding non performing notes specifically: I feel like I heard/read somewhere that it's not legal (or not ethical?) to directly contact...
Two questions for anyone willing to help a newbie.1) what is the point of a roth or traditional IRA if you can only add 5000 to it each year. I am 30 so that means I have 29.5 years I can add to it. If my math is corr...
Hi BP,I have question regarding cashflow and if all investors REALLY require it from Day 1. Here's the background:I'm taking a course at UCLA taught by Jon Swire, the author of There's No Free Lunch in Real Estate, an...
J Scott mentions that most people are reluctant to start investing because it's "not the right time" to buy or sell. He writes that there are only two conditions that make a successful flip and that's to buy at a low ...
We'll be closing on our first STR in Hawaii early in May. I'm wanting to get my ducks in a row so that as soon as the keys are mine, I'm getting the prep started and opening up for business. My question is, when do ...