Hello everyone!I’ve been trying to figure this out lately, but I recently purchased a negatively cash flowing property. Yes, I know - you should never buy a negatively cash flowing property, but I truly believe in the...
Hi,
I’m looking at a 4 unit deal in the Chicago area. I’d appreciate thoughts on whether you think it’s worthwhile.
This is my first buy and hold. I’d like to scale at a moderate pace.
I have a decent job, so I’m ...
Hi All,
I'm in the military, at my first assignment. As a lot of mil folks have probably heard, I got the advice/idea given to me to start purchasing a house at each duty assignment. So I went and purchased a home to...
i purchased my primary home with my wife about 5 years ago. since i purchased my primary, i have also purchased close to 5 pieces of rental properties. three are in my name personally and my llc owns 2 of them. my ...
I have been making a lot of owner financed offers recently. I really see the value in using owner financing when I can as long as the numbers still work. I finally got one accepted and closed! Below are the brief deta...
Hi Readers,
Question for anyone who is currently receiving rental income - what are you doing with that money?
I have a multi-family property in NYC where I am cash flowing anywhere from $300-900 a month depen...
Hi All,This is my first post. I have set a goal to buy my first house by the end of the year, preferably by the end of the Summer. I have good credit and a credit card with a relatively high limit. I'm already pre-app...
How would you guys calculate an expected number for ongoing repairs and maintenance on an old, lower-income type property?
Specifically, I'm looking at a 9-unit building that is about 100 years old and has gross inco...
Hi everyone,
I'm a newbie here, I just discovered these forums for the first time, and what a great resource it is. Thank you to all who participate here and offer the benefit of your experience to others.
I am not...
I am currently looking at a 4 unit MultiFamily that will be upwards of 900K. How much cash flow should i reasonably want (after accounting for vacancy, repairs, capex) that makes a deal like this worth it? I see Brand...