Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
Hello everyone, Firstly, I have been lurking for a while now and have gotten incredibly useful stuff from here and I cant thank you enough for that.
I am a newbie investor who just bought a rental property this summe...
I am new to real estate investing, and am looking for advice on how to research the best markets. What information do you look for? And what resources do you use to gather the information? I have decided to target ...
Contractor agreed to replace my roof if insurance would pay for damages. He came to my door offering his service. To my surprise the insurance company agreed to pay $21,000 for damages. Our contractor quoted us $20,00...
Hi All,About once a year or so, my wife and I start fantasizing about buying a condo near the ocean in Florida. She spent most of her adult life in Hudson (near Tampa), and my Dad used to own Captain Tony’s, and owned...
Hi all, newbie here with a few questions regarding investing in STRs in Tulum. I’ve been evaluating a few different recommended markets for STRs (Florida panhandle, Smoky Mountains etc) and I’ve found that from a numb...
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
I'm looking to buy a property (first timer) for that is a bit over a 1 million with 25-30% down. I will be living in it with my family.
Due to the high prices in our current market, I may not be able to cover the en...
So with Interests rates this high, Housing prices still high (but cooling off), property taxes increasing to catch up with the sudden spike in values; it appears really difficult to get into new a profitable rental pr...
Hello All,
Strongly considering joining Palak Shah (BP Podcast 368) - Open Spaces Capital Cohort. This program goes into systems put in place for the BRRRR strategy to super charge you're real estate business . Reach...