Jason Jelks
FIrst deal - 10 units
Looking to get under contract 10 units (5 duplexes) on a lot of land. Each unit is a 3/2 with 1200 sqft. The land has permits to build an additional 5 duplexes. The first 5 duplexes aren't finished. They require floor...
Eric Foss
Possible to find $30k turnkeys?
Are you able to get a turnkey for $30k in a Class C neighborhood that generates at least $200/month cash flow? This would not be a downpayment, I mean all in for $30k (could come up with closing costs separately).I'v...
Account Closed
First Rental Property Analysis
Hello all! I am looking at analysis my first property I want to purchase off of the MLS. It is a 3/2/2/ BRICK build in 1997. The numbers are below.Purchase Price 91,0002015 Taxes 2400 ...
Jerry Callow
Keep or Sell?
Cross posting as I cannot edit the post in the other forumI'm relatively new here and have ventured into real estate investment over the last two years with two single-family homes (SFH). Here's a brief overview of my...
Yuriy B.
First investment rental property
I have recently graduated college and thanks to to all of the great people on here I am convinced real estate is the answer to a better life for me, meaning I could live comfortably from rental income when I have arou...
Jason L.
Rental Kitchen Cabinets: Is it worth it to buy more expensive?
I am remodeling a small kitchen (70 SF) I have on a house I have under contract right now. The kitchen is old and dingy, and I wanted to change it out so that we can add a dishwasher to the space (there currently isn'...
Ben Ballinger
Determining a good purchase price for multiunit in worth, il?
Hi REI fam,
I'm currently looking at an off-the-market 4-unit apartment complex in worth Illinois. It's owned by a friend of a family friend, who has owned it for many decades and is retiring and wants to get rid o...
Kevin Whisler
Quadplex seems to be cashflowing 1k a month. What am i missing???
Turnkey 4 Unit Property I found: Occupied and makes $3900 a month confirmed currently.Principal and Interest: $1154Property Tax: $480Home Insurance: $125Vacancy- 7.5%: $312Repairs- 7.5%: $312CapEx- 7.5%: $312Prop. M...
Erik R.
Potential 1st Buy- Need Deal Feedback
Hello All-I'm still in the process of walking through houses, analyzing deals, and networking.. I have not yet pulled the trigger on my 1st property. My current approach is to run analysis on properties which are comi...
James Sloan
Buying vs. Building
Consider two investors just getting started. One wants to build and is in principle opposed to buying existing structures; the other is only interested in buying.
Which will come out on top?
I know that most will ...