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I just closed on a condo.163k purchase price 5k in renovations (diyer) Rent $1700 COC return = 14%The only downside here is there won’t be much appreciation. It’s a small purchase price for my area. So I figured it’s ...
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Hello,I’m fairly new but really hungry to learn and grow my portfolio of owning some rental properties. I’m in SoCal and noticed that there are several new construction homes that are currently being developed by diff...
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Hi. I am trying to analyze my first deal. I’m aiming for $200/month in cash flow. But the loan rates I am getting in pre-approval are about half a point higher than the proforma budgets I am seeing. What APR should I ...
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All the research and comments from posts and forums state that Cleveland OH is great for cash flow, but not for appreciation. Are cities any areas in the greater Cleveland OH area?
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Hello Everyone, I am looking to network with investors of multifamily properties in the metro Detroit area. Does anyone have any recommendations? I am a member of MREI, but the main focus is single family homes. I...
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Hey folks!Remi Oguntoye here.I hope everyone is staying safe and healthy! I will to share a peculiar victory I celebrated this week with you all.Wednesday evening, it finally happened! I was powering through my list o...
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The last 15 years we have seen low rates for short and long term debt from private to public borrowing. My understanding is that this was a response to the Great Recession and that investors didn't allow rates to hit ...
We rented our mancave to a man and yesterday the room was flooded. We put him in hotel for 2 days however, we want him gone so we can properly get carpet to dry since the room is a media room and it cost over 10,000 t...
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Will decrease price ? Make investors to buy in other states ?
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Hi all, I'm brand new, have spent hours and hours researching real estate investment. I'm a mother of 3 boys and I have $10k to my name. How can I get started? I've looked into wholesaling, which is an option, but I h...