Hi everyone! I am very interested in getting into the world of commercial real estate where the loan you can get is not dependent on your income, and you can seriously increase the value of the property via NOI, simpl...
Hello everyone,I have only recently started to reading information about investing. I have no experience with REI, however I have had an interest in investing for a very long time. I am currently most interested in wh...
I currently own a 3 unit multifamily home and undergoing a complete reorganization; new leases, new tennant application process and paperwork, and rehabbing. I found that all of this was necessary after crunching ...
Hello BP,I'm looking at finally taking the plunge and buying my first property. It's a quad with tenants in place and it should provide cash flow even if I am occupying one unit free of charge. My question is this: ...
Hello I'm 28 not originally from Minneapolis but this is where I work and go to school. Still in school because I dropped out a few years ago. Then I read a ton of Richard Kiyosaki's books, decided in-order to save an...
Hello!
Theres a duplex im considering buying(both sides) thats in pretty good condition but looks like it needs some cosmetic work and general cleanup(maybe 10k reno) . My dilemma is how I would deal with the tenants...
Sorry for the longer question/scenario. I bought my house in May 2020 in Raleigh market for $247,000 with 3% down and about $5,000 in closing costs. Have had roommates periodically and have probably spent less than $3...
Hello,
These are made up figures. I just want to see if I am calculating this correctly. Any advice/opinions are welcome.
Thank you.
Bought for 280,000
20% down payment = $56,000 ( $280,000 x 20% = $56,000 )
lo...
OK - I've lurked here for a while and I have learned one very important lesson.... the biggest problem people have is GETTING STARTED (including me).
:oops:
So just to make sure I'm not crazy... here is my simple p...
Hey Guys,Just wondering if there are folks out there who have employed a build-and-hold strategy. Basically building a spec home with the idea of holding it as a long term rental. Same principles apply for building ...