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I'm considering a jump into residential real estate as an investment opportunity and have read about the Rule of 1% and Rule of 2% (i.e. monthly rent should be 1-2% of the property price). I understand they aren't nec...
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A new property came on the market in my (expensive) area. We're in the shadow of Vail ski resort, a mix of old ranching, new recreation, trust funders and up-valley commuters. Between the mountains and National F...
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So I'm working on my first deal as an investor. It's a condo that's got a tenant paying $400 under market until the end of November 2022. It's a condo that will net me $700 monthly after all expenses. Seller has gi...
Is cash for Keys during LURA decontrol period allowed. I am looking at purchasing a property that after 30 years the LURA has run out. It is in the decontrol period now. Many units are vacant. We would bring those to ...
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Ok. I am waiting for a signed contract to come back on a mobile home park I am purchasing.
Here are the general numbers:
-100% occupancy
-Purchase price- $300k
-Down payment- $100k
-Owner will finance- $200k @ 360 ...
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I read a lot here about people having passive losses or paper losses once depreciation is factored in. But depreciation for a residential property is only 3.636% each year (27.5 years). I know this is a good problem t...
Hi,After a few months of analysis paralysis I've finally narrowed down KCMO as a market of interest. I would be investing out-of-state though I plan to spend a few weeks there looking at properties and learning the ar...
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Hey all the financial guru's out there! Got a question. We purchased a wholesale property in Venice FL Feb of this year.Our plan is to rehab it within a couple months and turn it to airbnb!Ok, so back before we bought...
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I am currently feeling pretty discouraged. I feel like I have a strong strategy set (one 2-4 plex per year as buy and holds plus a few vacation rental cabins in a nearby town for stronger cashflow) but after looking f...
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I'm looking into my first investment property in downtown Charleston, SC. After searching and analyzing for 8 months, this is the closest that I have come to a property that makes sense.
-Short sale duplex which ca...