I'm totally new to Real Estate Investing. But after reading so many times that $100 a month profit is the goal, I'm left wondering how can this be good? By my estimation I'd need 40-50 houses to make a decent living...
Assuming that operating expenses will vary from year to year, what do you typically do in the years with minimal operating costs?
For example, if you have $300k in leftover revenue, do you pre-emptively spend on the ...
I bought two units in downtown Colorado Springs in 2001 for $183,000. Units are free and clear and together generate $2,800/mo gross. Realtor approached me to list for $499,000. Net profits on sale after capital ga...
I am curious to hear how others reinvest (mid-year) LLC profits.
I just filed my taxes and now I am looking ahead to end of the fiscal/calendar year ... please chime in with any best practices.2020 feels like its f...
What are some legal (or borderline legal) strategies or loopholes to increase profits if your building is subject to ETPA (Emergency Tenant Protection Act)? The building is a 6 family owner occupied unit in Westcheste...
I know the 1% rule is the ideal case, but that is no longer practical for most parts of Ontario especially Toronto GTA, is there anyone who has experience with renting with .6% or even less yet having positive cache f...
The Pandemic happened and it was time to think of more income sources. I have 35 units and only one was not paying rent. I had nothing to do with my capital so I decided to learned how to make income by selling option...
Investment Info:
Other wholesale investment.
Purchase price: $50,000
Cash invested: $50,000
Sale price: $147,000
This was a great deal that I partnered with a friend on. We picked up a commercia...
Hey fellow real estate freaks!
Ok, so I did a search already about doing investing with a partner. Not quite finding my answer. And I'd just like to hear what your input is about this.
I want to start investing. Y...
I'm curious to know what each of you demands for profit investing in real estate. For example, will you invest in real estate for a minimum of 10,20,30 or more percent of cash invested (after all expenses, bottom lin...