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its a duplex. I own it outright. it may need about 60-70K worth of work over time.
the current value is "40K" according to realtors because its a fixer upper. but its livable! and functional. even (at times), comfort...
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Have some of you read this book? Is there new unique methods that we should know that aren’t discussed on Bigger Pockets? I’d appreciate comments or brief review. I’d love to think there WAS a (Profitable) lazy way...
I always see people looking for a specific number for their cash on cash return. For example, Brandon likes 12% or higher, and he calculates this by taking the annual cashflow divided by the cash that is invested.My q...
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My wife and I are just starting in the rental RE. We have purchased a SFR (cash negative) in Sacramento, CA area few months ago. We know that it is currently cash negative but given our income from W2, we are able to ...
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After three months of pursuit, I finally closed this deal in Lee's Summit for 20 duplex buildings in a nice park-like community. Lee's Summit is a one of the nicer suburbs of Kansas City, MO with highly rated schools...
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Hi experts!Just bought my first SFH rental, occupied with tenants. I closed the deal at 1 June.Apparently (just found out) , the previous owner promised the tenants, half price credit for both May and June (even that ...
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I am in the process of purchasing an investment property, where I will live in one unit, and rent out the other two units. The upper unit is on a month to month, but the rent is $150 below the average rent in the are...
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I've researched a bit about the conversion on an IRA to a self-directed or solo 401K and how to avoid the UBIT tax on larger syndicated multi-family non-recourse deals. From what I can tell from some of the research i...
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Hello everyone. I'm a newbie to the official FI movement. However, my husband and i have been on a FAT version for a while; i guess without having a name to call it. I'm a PA and he's a financial advisor. I came i...