Obviously, there is some sarcasm there. Generally speaking though, there seems to be the consensus that in the next 2-5ish years, there will be some sort of market correction.In that same breath, it seems like there ...
What is Preconstruction Investing?
In this post I’m going to show you what preconstruction investing is, and what it isn’t. It’s easily confused with other types of property sales (like timeshares, for example).
I...
Hi, I just bought my first rental property last month. I live in NY and my property is in FL so the property will be run by a property manager. I just received the property management agreement and the cost of prop...
Wow! Where to begin!?!A quick background on how I got involved in real estate investing. I started a new job a couple years ago. About a year in, my boss asked me if I was interested in retiring in 10 year. I obvio...
How do you see your market? Have sales or prices peaked? What are the unique characteristics affecting your market? Where do you see it in 1-2 years?In Austin, sales are still high, but down a little from last year...
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
Let me know what you think as my potential first investment! 4-Plex Purchase Price: 200kCurrently tax appraised at 218k3% downpaymentTotal Loan Amount: 194,000Texas Teacher Heros Grant: 4% or 7,760PITI: 1729/month (10...
Trying to get a VERY BALLPARK idea of what I would expect a per-square-foot gut interior renovation to cost an investor in San Francisco.By ballpark, I mean I'd be happy with a $50/sf range ($125-175/sf, for example) ...
It's been five months or so since I've joined this website and have been relatively absent from the forums, not because I decided REI wasn't for me, but rather because I have been busy doing deals! To set the stage, h...
Reached a major milestone after nearly a year and a half....converted my construction loan to permanent financing!!! On 5/31/18 we closed on a 20 unit property that was 100% vacant and in need of lots of love! We adde...