I'm considering a property that's marketed as a 2 family with 3 bedrooms and 1 bath upstairs, and what is actually a 1 bedroom apartment on the first floor (there is a finished basement, but can't be utilized as a liv...
A property owner is looking to sell his property to me. he's retireing, I got all the numbers worked out, applied the 50% rule and get a cash flow of about 2700 a month.
I'm 23 years old and dont have cash reserves ...
I'm not sure how to handle this. This is a small house (761 Sqft) that needs major repairs. The seller also owns the land next door that he wants to sell as well (5000 sqft). Bewteen the house and the land the owne...
Hi
In Australia, we have a "Landlord Insurance" policy that costs approx. $250 p.a. with approx. $200 excess per claim, and covers the Landlord against Malicious Damage & Rent Default.
(A totally seperate policy...
My college town investor specialist agent is trying to convince me to move on a 12 unit deal near a major college university campus. In fact it is prime location where kids can walk to class and restaurants. It is 1...
Hello everyone, First official post…so don’t be too rough. ;)Would like to publicly thank @Brian Gibbons for his valuable time and knowledge yesterday. We connected with him to discuss some creative strategies and coa...
Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...
I am looking around in the midwest for my first multifamily apartment. I am seeing several multifamily apartment complexes, usually 6 to 8 units. The cap rates I am calculating appear around 5%.
Example: Property l...
Hello All,
I am an inspiring buy and hold investor in the Northeast Dallas area and I'm looking for some advice regarding the purchase of my first rental investment property.
A rough outline of my house hacking stra...
Just as a side note, I am also being a bit conservative with the numbers. Similar properties in the area have sold for 660,000. I'm sure the interest rate could be closer to 3%Rent could probably be closer to 1500 als...