Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $200,000
Cash invested: $50,000
Contributors:
Sydney Mann
2 x 1BR/1BA as long-term rentals
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Hi everyone,I have a deal with the following numbers:PP: 102KRepairs: 55KARV: 230-240KThe HML is not comfortable with my current liquidity. I only have 25K and 20K on my 401K, plus I don't have a W2. I'm bringing in ...
Hi everyoneI'm renting a 420 square foot retail space as a beauty salon. It was operated as a salon by the previous building owner. I fixed/ freshened it up and have found a tenant to lease it.1. How long should the...
My brother and law and I are managing a single family rental property inherited by our wives. The property is still in probate (and will be for awhile), so we can’t make cash flow distributions yet because of certain ...
I've heard conflicting things about whether or not STR rentals are considered "passive" investing. I listened to a real estate CPA podcast recently that said if you average 7 nights or less per rental contract for an ...
Hello BP! Thanks for taking the time! We are just doing the beginning stages of setting up the rental portion of our business. How does everyone out there set up their accounts? This portion of our business wi...
We all know smart money moves with the markets. Whether it be stock market sectors, commodities, or real estate, the smart guys have vision and seize opportunities before the crowds arrive. In SW Florida, ground zero ...
I recently started renovating rental properties. (Buy-renovate-hold) and am thinking about managing other people's rental property's as well (small scale not looking to make a fortune just utilize my contacts). I have...
I would love to fully immerse myself in the real estate investment lifestyle and begin working for experience rather than a simple paycheck. I will most likely be taking a paycut seeing as I am currently working ...
Hi All!I'm about to close on my first property, a 4plex in Pittsburgh, Pa. Due to better mortgage rates I chose a conventional residential mortgage over commercial. Since the property will be in my name, not my LLC, s...