If your desired next investment was either a car wash or storage unit facility, which would you choose and why?• Build automatic car wash from scratch• Buy old car wash, renovate & stabilize• Build storage facilit...
I'm about to close my first deal for $150k rental property which will cash flow $14k yearly.Thinking forward, what would be an ideal strategy to generate enough income so I can retire in 10 years? I can refinance and ...
Hi guys, I am in San Diego with around 45K Liquid, and a 767 Credit Score. Rates are looking really good right now and there a few townhomes for around 570K near by, do you guys think I should purchase now or wait unt...
I am looking at putting together a syndication deal for a housing development outside of Lagos, Nigeria. I am thinking I would form a domestic, US LLC and raise capital for the deal through that LLC. The domestic LLC ...
Hi everyone. I'm currently looking for my first property in San Diego to househack and had some questions for others who have done this already:Are you househacking with roommates (i.e. not a multi-family residence w...
What is the current hourly rate for licensed plumber in Denver area? Regular rate the plumbing co. Is quoting is $102/hr and overtime $153/hr. Does this jibe with what the claims rep will use/agree with? It’s a reputa...
Hi All,
Last week, I quit a really good job to take on Real Estate Full time. I have been passively doing real estate for about 10 years (selling and helping friends buy). It's a passion of mine however, in an effort...
I am rather unsure and felt this was a safe place to bring this question. I am currently about 80% done with a project that I started a few months ago. I have received 2 of my 3 draws from my hard money lender. I will...
Greetings!First time poster here, but have been lurking for a while! Thanks for all the great information here! I own a 4-unit building with a detached garage (one garage for each apartment) behind the building that i...
Hello,My current flip will take longer than a year, about 18 months. Can I still deduct all renovation costs from the profit in regards to paying taxes on the profit. I have all cash in the property and for renovati...