Hey there! @Hollis Malkowski and I had an offer accepted and an inspection finished on a multi-family in Ithaca, NY that we got for $225k.We are looking to follow the BRRRR strategy and add some value to the property ...
Hi everyone,My name is Robert Clark, I'm 22 years old, from Chicago, finance major attending SIUE in Edwardsville, IL (STL area) and I'm ready to jump in the real estate game head first! I have many goals and this is ...
So when I google Real Estate Income Statement, none of them have depreciation or taxes on the them, like a normally company would.So where the heck is this factored in? Is there is a typical LP/GP structure, with an L...
Yes I know, simple question. I just cant seem to understand what it is trying to read about it so maybe someone can break it down for me.
I was reading through the forums and saw hoe Rich used to accept notes as co...
Hello,
I am new to this forum and I sure have a lot of reading to do. I have decided that real estate investing is going to be the tool I use to gain financial freedom. I have already enrolled in an online REI cour...
I have a couple of questions that this newbie needs advice on from experienced wholesale flip investors.
Is it still reasonable/common to expect a 65-70% arv margin in today's market? I've heard investors here in the...
As a beginner remote investor living in CA, I plan to visit Ohio next month and talk to realtors, property managers, & contractors. If I find 2 or more cash-flowing properties that can rent out for over $1k/month ...
If you use a Nest thermostat for a rental how do you hand off control to a new tenant and terminate control of the old one? Do you create a gmail account for the apartment, share the PW, and change the PW when it turn...
Was looking for some opinions regarding hot tub size versus the occupancy of the short term. Would you recommend getting a larger or multiple hot tubs for larger occupancies? For example a 7-8 seater for a 10 person c...
hey pocketeers,With the lack of available properties i am considering a real pig (list agent calls it a c minus)...12 1bed 1 bath(560sf)units, two levels, built in 1965 (yaa, cast iron and galvanized) and not touched ...