I am interested in purchasing an apartment building as a first investment property, it's the only building that has decent numbers at first glance. It is an 11 unit building with two store fronts. Only 4 of the 11...
I understand the "I'm not an attorney" caveat, but I'm going to be purchasing my first REO to fix and flip with a group of trusted guys. My question is thus: I have numerous contacts with local banks, never discussed ...
Some days I feel like I'm really struggling and that I'll never reach the level of success that I want. Others, I feel that the pieces are all coming together.
I'm trying to establish a solid routine of sorts that ...
Hi everyone, I am looking to buy my first real estate investment in the south florida region! I have zero experience renting my own place, or buying a place. I have been reading around the forums and watching videos f...
Hello fellow investors, I need help/advise.I just finish a 1 M new construction in Bowmanville/Logan Square neighborhood it is listed on MLS but I don’t have any showings. I think it is because of my next door neighbo...
Help! Seller wouldn't allow access to the property without an accepted offer, so we got that and then after he double confirmed he'd be there today, the contractor no-showed. (and can't get a hold of the other 2 cont...
7700 - 7702 NE 3rd Ct Miami, FL 33138Strategy: Value Add Investment / FlipAcquired 4/12/2016 for $230,000Mortgage: $161,000 (private hard money lender)Down payment: $69,000Sold: 7/14/2016 for $324,000 (92 days after a...
Hey guys,I've heard E-Myth recommended multiple times on the podcast so went to amazon to purchase it. I came across a very recently released E-Myth book titled The E-Myth Real Estate Investor (http://www.amazon.com/E...
Hello all,I have posted about this topic before, but never got into the specifics of it.I have purchased a duplex with one unit being occupied by a long term (5 year) tenant. The issue is that the long term tenant nev...
(11 unit complex)Asking Price: $80k 25% down: 20kMonthly rent(s):5k Property tax: $282($3,380, 2015 tax year)Estimated mortgage: $250 (20 year loan)Utilities: $425Vacancy: 10%= $500Repairs: 20%= $1000PM: 10% = $500To...