I’m seeing some residential portfolios (4-plex and maybe an occasional 5-unit MF in there) listed for sale in my area. I’ve been focused on MF value properties and understand how NOI impacts the valuation. Let’s say t...
Hi all,We have just approached the last big project in our home. Adding a pair of basement bedrooms, and basement bath rehab. We would still have about 8 months left before we can sell (2 year min)Our last couple home...
How many years did it took you to become finacially free?
Hey Guys,I just went into contract on a rehab deal in Jersey City. It's a SFH. 3 Bed, 1.5 bath. The basic #s are 100k purchase price. Renovating cost around 35k. I can sell it for 175k. The broker suggested I add a fu...
We are purchasing a property outside of Cincinnati, OH and have ran all the numbers - the investment looks solid with or without an addition. However, the homes in the immediate neighborhood are nearly 1000 sq.ft big...
Are there differences to consider when house hacking in a high-cost area versus house hacking in a low-cost area? Does this change depending on whether or not I make a 20% downpayment?
I would like to know how experienced buy and hold investors are estimating potential rent during deal analysis. I start with recent comps of similar size, type properties in the same neighborhood. What confuses me ...
Can I take out mortgage loan given:
I have a stable $100k W2 income from my employer, but opened an LLC this year and am projecting a loss of $200k in the first year. This loss is expected and not a problem. However,...
Can you guys please chime in? My wife is concerned that my goal of purchasing one home per year over the next few years will prevent us from buying our own home (currently renters) in a couple of years when we move ba...
Nearly every real estate investor that has come to me lately for a hard money loan on a property in California is paying over the asking price. Why? There are bidding wars going on in California right now with a glutt...