I'm developing a multi-family community from scratch, and hired a local civil engineer firm for site work (grading, erosion control, drainage plan, etc.) design. The design will be used to get city permits. It is expe...
Hey all. My dream has always been to get into commercial development and recently, I have found a developer/mentor whom I am doing my first multifamily deal with. The developer is giving me an opportunity to partner w...
What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Hello. My partner and I are set to close on a duplex in two days. We did not get an inspection, because my dad walked through and checked it out (he has been in construction for 30 years and owns property himself). ...
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
Yay! My second post. (Am I a real estate investor yet?) :)I have been getting a various opinions regarding a stellar property in Antioch CA. Has a nice floor plan but the garage was converted to a larger kitchen. In a...
Hi everyone, I am working on a rehab-to-rent in North Carolina that has some crawlspace moisture and wood rot issues. I'm going to end up replacing 30+ floor joists in this property. Having a repair of this magnit...
Hello,First post - sorry it took me so long! I'm looking to build an ADU to take advantage of our larger than average plot of land for the area (Torrance). It's been my plan for a while but my wife is now coming aroun...
I've found a seller looking to unload a flip project they didn't get around to finishing. I'm looking at it as a BRRRR project, however I've included some estimates that would leave some of my money in it. Would you m...