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Yesterday I looked at a single wide trailer with 2br 2ba on half an acre of beautiful flat land with two very large sheds and a fire pit in the back yard. The trailer was built in 1998 and is in immaculate condition. ...
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Investment Info:
Condo buy & hold investment.
Purchase price: $540,000
Cash invested: $30,000
Purchased as a rental for a 6 month period then converted it to a STR. After the 6 month term was up...
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In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
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Hello everyone I would like to get a sense of what percentage (5-10%) you allow for maintenance cost, cap ex & vacancy when analyzing a property I realize it’s based on property condition and other factors but let...
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What figures would you use in figuring Repairs or Capital Expenditures when either underwriting a new construction duplex/group of duplexes or possibly purchasing a group of newer (around 5 or so years old) duplexes.A...
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Hey all,Just curious if anyone has bought any investment properties in the western suburbs of Chicago lately? If so, just curious as to what deal you were able to land. What towns are you looking at? Any other info we...
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I’m looking at purchasing a multifamily property in spokane. I first would like to get an understanding of the market. What pros and cons do you see in the spokane area? What is the market looking like and what are so...
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I recently applied for a 30 yr conventional cash-out refinance on one of my rental properties that I own free and clear and was denied the loan. The reason is I would have exceeded the bank's 4 investor loan maximum ...
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I am looking to get some insight on the advantages/disadvatanges of using a primary resident HELOC vs. self directed IRA to fund my first purchase. Currently, I have a 45k HELOC and about 50k in a Roth IRA that I have...
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Call it winning the lottery... call it being lucky... call it what you want.This specific purchase has taught me one HUGE thing in real estate and business. Patience and networking pays off. This post has everything t...