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I'm a solid $400k/yr job in NYC and have $250k to begin investing as my first step into building a portfolio, although I don't have time to be a landlord so I have to account for management fees. My endgame is to end...
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Hi guys,Hope you can help me here. We are buying a portfolio with 50 rental properties in Macon, GA. That's an hour from Atlanta.- PP $1.3MM- 100% occupied- $28.7k/mo gross rent- $9.5k/mo expenses- NOI 230k- 18% CAP (...
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Hello everyone,I'm looking to purchase my first investment/primary housing which will be a duplex.Obviously I'm a newbie. My question is, would you recommend me to start with a high end investment, or an average one a...
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Talked to Penfed but they said their minimum heloc is 25k, my rental came in at a possible 15k. Do you guys know of any institutions that can go that lower?
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Hello fellow BPers!I've been working with a Real Estate Development start-up in Massachusetts (rehabbers) as a consultant. They have completed 2-3 projects, they have 3-4 that are currently active, and have 6-7 solid ...
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My wife and I closed on a gorgeous rural property in the East Hudson River Valley area of Upstate NY in May.We are settling in and ready to take on the renovation process.We took months to find a property that would d...
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My wife and I are house hunting for our primary residence, but we eventually see it becoming a rental.
Around here (Northern VA), pretty much any decent place you find is going to be tied to an HOA, a condo a...
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I've been reading the forum thread(s) on Tulum, but they date back a few years, so I wanted to get some current insight into the market as we are considering investing in a Condo/Hotel project there. The property woud...
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Hey all,I have a short term rental that sleeps 6 people and has a small courtyard with a fence. I was thinking of purchasing a hot tub...I called local companies and can get a 220v hot tub for around 6500, or could or...
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I'd really like to hear from people who have a 4 bed pool house near Disney if $48K per year net revenue is realistic. By net I mean take home pay after direct booking fees, including cleaning. But not including utili...