Shane M
Might make offer tomorrow on Condo. Advice is appreciated!
I currently live in a 3 bedroom maintenance free townhome. My neighbor, in the other 3 bedroom in the building (4 plex), is selling her home. She may not be the best deal in town, but her asking price is the lowest ...
Jessica Steele
Calculating Rental Property ROI With a HELOC?
Hi everyone. I'm hoping that a clever, experienced investor can help me. Maybe I'm just terrible at mathematics, but I'm struggling to figure out how to calculate ROI from a house purchased via my HELOC.The numbers I'...
Joel W.
Personal Finance Victory
Just wanted to share something that turned out to be very effective. Last month we moved to an all cash system for all household expenses. Although, we have saved a lot of money by being frugal and loosely budgeting o...
Tyas Frantz
My first potential rental
My first home has gone up in value 55% & I'm working on buying a new home and turning my existing into a rental rather then selling it. I'd love you guys to talk me out of it, if I've done the math wrong or have m...
Jon Quigley
First deal done!
Just finished my first deal all the way through to lease!! Purchased a turn key a few weeks back and leased yesterday to awesome tenants for $400/mo net cash flow (SFH). Feels great to have gone through the process...
Valentina Scialacomo
First investment - To out of state or not to out of state.. HELP!
I live in WA, SEATTLE to be exact and property here is very expensive. I am new to the investment game and a am more inclined for my first investment to be out of state. Somewhere more affordable. Has anyone done th...
Kyle Allen
28 years old, future investor, looking for advice
Background:I am currently married with 2 kids, (Ages 2 years 9 months & 4 months) and am at a crossroads for the future. My wife and I both have GEDs, with me having about 3 quarters equivalent of college credits....
John Johnson
Multifamily Operating Costs
I am starting to budget out and model some potential projects for MF developments. Is there a rule of thumb for operating expenses for MF in the los angeles area? My old AM firm always looked at 30% of EGI - after vac...
Jason Jones
Rental Property Deal Analysis...
Deal or No Deal? I think I know the answer already, but I figured I'd ask.
Purchase Price $48,500
Rehab Costs $7,500
Closing Costs $600
Hard Money Cost $2,845
Total Costs $59,445
After Rehab Value (es...
Jay S.
Multi-Family Purchase checklist
Hi,
I just went under contract on a 22 unit apartment building in CA. While I own numerous duplexes and SFRs, this will be my first true apartment building. In addition to inspecting roofs, HVAC, electrical, ...