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....
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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...
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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...
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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, ...
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Hi all. Was hoping to get some advice as simply reading these forums to this point has been great help!
My long story short is that I've been considering real estate inventing (focus on hold and rent) for a number...
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First Post!So i've been lurking around on the forums for awhile, and listening to the podcasts on and off for the last few month. I have a question regarding the 50% rule. I am looking to buy my first investment hom...
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Those of us in the housing industry are concerned about the rise of the Ibuyer - companies that buy your house so that you can buy another one without waiting for a traditional buyer and the months it takes to find th...
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Hello Everyone! My name is Johnny I have a question for all of you and appreciate any advise. I’m liking to make my first investment fairly soon. I’m a bit torn in which route to go as everyone knows California is exp...
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All,I have been looking at multifamily properties on Loopnet and many of these seem to be great deals with cap rates at 10%/12%/14% and such. Does anyone know how they come up with these numbers? Why would it be so ea...
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The numbers look good to me. But I'm still new to wholesaling and I don't have the confidence I would have after doing MANY deals like some of you.
...so I'm looking for feedback...
Bedrooms: 3
Baths: 2
Garage: 1
S...