Numbers (rounded to nearest $100)1350 sf3 bed, 2 bath1 StoryNo GarageListed Price $45,000Offer/Purchase Price $50500Original Estimated Renovation Cost $17000Renovations $20,000ARV $106,000Sold $109,500Closing Costs at...
My dad has about 35 doors in one location which is his main source of income. The units are probably worth $2mil and are bringing in probably $20k a month. The units are about 25 years old and have not been serviced g...
Recently my husband and I jumped head first in to being REI's and landlords. We've been looking for a couple of years for something to invest in, but he's not a fan of properties which need significant work and we hav...
I have a Duplex in Fort Worth near the TCU area. It is on the edge of the residential area that is "good" and the more sketchy part of Fort Worth. The particular area has tons of Single Family, apartments and comme...
I have to say, this site is amazing, and I'm in total information overload right now trying to absorb it all!
I'm curious, for those of you who own investments in other areas/regions/states, how did you get ...
So I Zero experience in the RE field I’m in Tampa Fl. and I’m debating on joining either Keller Williams or EXP. I would really appreciate it if anyone can give me some feedback on these companies. Thank you in advan...
Does anyone have any recommendations on real estate investing books?
Also, are there any magazines out there that are good for real estate investors?
Hey guys,
I'm a currently a rehabber that wants to buy and hold (and reposition) my first apartment complex. I've read about it ever since I was just in my teens and fell in love with the idea of economies of scale. ...
I am in need of some guidance on how to handle a situation. I am posting this in behalf of my in-laws who are the landlord of a rental affected.The landlord was notified last night of flooding in the basement unit in ...
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...