Im a young investor - relatively new to the game. I have built up to acquire a 16 unit apt complex worth roughly a million. Here are the numbers
Gross rents - 13200/month 158,400 /yr
Operating costs avg range-82-88...
Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
Would anyone like to explain to me some of the benefits\drawbacks of both of these types of investments? It seems to me that when starting out, REI seems to require far more money than investment in stocks.
I read t...
Hey guys, I am looking at getting into the STR game in Galveston TX or Destin FL. The problem I keep running into is that I can barely cashflow with the numbers I've researched. I would love for anyone who is currentl...
I currently own 1 SFH rental in Texas ( I live in Nevada). It's got a PM @ 10% a month.
I am moving back to TX and will be buying an owner occupied (1 unit) 4-plex in the same city as my current rental. Since I will ...
I've got two homes I'm eyeing. Both built in 2005. Location the same. One's 1900 sq ft home selling for 190k. Will definitely rent out for $1500 a month. Another is 2950 sq ft home selling for 220k. Will definitely re...
I recently hired a property manager to manage my Atlanta 4 bedroom house. I just received the bad news that the property has been trashed. It sounds like squatters took residence.
The property manager has ema...
My brother and I own 4 different multi-unit (2, 3, or 4-unit) homes in Michigan. We have purchased them over the last 4 years or so. We kind of jumped into the whole thing without doing a ton of research. I feel li...
I am traveling this week and next. I was working in a hotel room yesterday (wow, that sounds bad) and checkout was noon. I ended up leaving at 12:06, not a huge deal, but I can see people still in the room at 12:15, 1...
First, thank you all for helping. Helping with what? Well, helping me to decide whether or not to put in this offer. I'm looking at it, and I THINK it'd work, but I can't help but feel that I'm missing something, or t...