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I am a new investor looking to buy my first out of state turnkey rental property in Memphis. Looking for any feedback on my analysis of this deal captured below? Is 4% cash ROI and $1000 annual cashflow decent for B+ ...
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So I have a few rehabs under my belt and I would like to bid on homes that other investors might be intimated by such as mold and structural issues. How do you estimate these kind of repairs to put in an offer? My t...
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I work for a property management company in Chicago and wanted to share some info I just learned. In addition to regular security features like motion sensor flood lights, security door & window coverings and cam...
Hello,
I am looking to get financing on my first deal. I am looking at purchasing a multi-family apartment (max of 4 unit) through the FHA program.
I am 22 and self-employed. My gross income is a lot higher than my ...
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Hey there!I'm a new real estate investor in the Twin Cities and I'm closing on my first MFH deal in December. I have a partner who wants to invest with me, and I'm trying to figure out how to best set up a legal real ...
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Does anyone have a site they recommend for collecting rental monies from tenants/online direct payment?(paypal, freshbooks, quickbooks, etc...) With freshbooks you can send an invoice and they can pay online. However,...
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Hello BP. I am approaching retirement and am looking at selling my rental properties owner financed. My thoughts are that this would continue my great cash flow without the rental maintenance issues. Plus maybe delay ...
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Hello fellow investors,I'm currently house hacking, renting out my basement (around 740 sqft). Can I claim depreciation on this property since it is my primary residence? I bought this house in August 2022, only live ...
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Hello Everyone,
I hope you're having a great day!
My name is Travis. I'm 29, and I've never owned a house before. I'm looking to buy a house in Raleigh, North Carolina, and I wanted to figure out all the monthly exp...
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I am under contract to purchase my first multifamily. We are in the due diligence phase of the process. What are some keys to this transition both operationally and tenent wise that I should include in agreement for...