Berenice Barrot
Which one is better for a long term, HELOC or HELOAN??
My rental property have a good amount of equity. My plan is to use it to invest into a multi family. With how the market is acting and interest rates so high. Which is better for me to get now a HELOC or a HELOAN?Any ...
Dav Pohote
Historical chart of commercial real estate rates
I'm not able to find this on a site like FRED. Currently I'm getting offers in the 9.5-10.5% region but I'd like to see how they've been over the past 20-30 years. There's always a ton of charts on the 15 yr and 30 yr...
Shane C Tack
Managing your HELOC
I have a HELOC on my personal residence that I'm currently in the process of remodeling. I have good equity in the house so I pulled out a HELOC to help with the remodel expenses. Over the last year the interest rate ...
Patrick Philip
Can you help me analyze this commercial flip?
This is completely hypothetical. I'm just trying to get the routine down. This is a commercial building I saw while driving.https://www.dropbox.com/s/6n0mwys94g55htu/0325181533.jpg?dl=0Looks like it has 5 units, of wh...
James Lucero
Income off single family rental
I’ve been a part of the forum for a few years now. Deviated from pursuing this and ended up buying a house here in North NJ, is there an avg return on single family rentals? I was planning on just selling the property...
William Coet
Can Multifamily Construction Costs Be Reduced Below $100/sq.ft?
As the title states, are there ways to reduce construction costs below $100/sq.ft for small scale multifamily (10 units or less) while still building a quality product? Quality meaning strong, dry and durable but wit...
Richard Whitaker
Dayton Ohio Light/Power bill & Water bill
I’m looking at a 5 unit property and the water bill is $415, $373, $90, $422, and $515 every 3 months since 01/2019 WTF?! do u think there’s a broken pipe or something? And the light bill(common area) double from $80 ...
Renee McGrady
Short-term rentals in Ontario cottage country
Hi everyone,
I’m exploring short term rentals in Ontario cottage country, within about 2-3 hours from the GTA for my first rental property. There seem to be some deals in 4 season cottages that would be cash positive...
Ben Wilson
Accounting for Chicago Heating Expenses
I'm looking to purchase and live in a small multi-unit property in Chicago, and I would be interested in gaining some input on how to estimate and account for the expense of heating in the winter. Obviously this will...
Michael Bertsch
First private lender found
I would greatly appreciate a little insight from some of you experienced guys. Today, I found my first private lender. He is a very successful surgeon. I have know him for many years. He has given me full access to m...