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I came across a 4 unit property listed at 189,000. It’s under contract but I saw a 7 unit for 555,000. The cap rate is 8.17. What amount down would you say should be ok? I know it’s commercial and banks look at the Re...
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Some investors will use the BRRRR strategy where I’m from. Everywhere I read they mention things like appraisals coming in low, people not refinancing for what they hoped for, unexpected construction costs, it taking ...
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I'm extremely proud to present this case study of a 6-plex I recently renovated in Scottsdale, AZ. It is rare that renovations go smoothly and turn out better than imagined, but we emerged with a big win. This project...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,000
Cash invested: $35,000
My first property started with a BRRRR in a great location. This fixer upper was un...
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I heard that you need to send out $10k in direct mail to land a deal in this economy.
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Morning,
I've got a question with regards to equity in rental properties. Would one be better off to pay a rental unit off with the income he/she receives from it or reinvest in another rental? It seems to me...
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Hi All! My wife and I are anxiously waiting for our SFH rental property to close mid-Sept. We've had this property for over ten years and plan to take the equity (via 1031 exchange) and invest into a larger project(s)...
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I know this is subjective to a multitude of different things, but is there a number that you experienced investors look for monthly cash flow? 4unit -$300, 8 unit- $500, etc...I have a couple properties in mind but I'...
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Hello! I’m Spencer, a real estate investor currently living in Brooklyn, NY, originally from Reno, NV.
My parents have always had properties since I can remember, so that’s where I got my unofficial start into real e...
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I am looking to get my first multi family going. But I keep thinking of the grant Cardone podcast 100 doors is much better than 3 in regards to vacancy’s. I reside in the Seattle area and am looking at my home area ...