Investment Info:
Single-family residence fix & flip investment.
Purchase price: $280,000
Cash invested: $62,000
Sale price: $375,000
Contributors:
Peter Vekselman
Partner Driv...
Last year I was working with one of my 1031 exchange clients and I heard about a 12 plex for sale for $1.1 Million and it was a building that had been condemned but was almost fixed up and ready for a Certificate of O...
Much has been made of how millennials are changing how business is done across a variety of professions, and a great example of it is the real estate industry. Millennials, for the most part, grew up entirely in the...
Hi Everyone,I have a question regarding home owners (landlord) insurance on rental properties(single family homes) that are in LLC. Every year insurance is going up I would say minimum 15%. I am looking to lower cost ...
Hello all I just refinanced my personal property through key bank and the process was not easy to say the least. It took the underwriter over a month to review my file and it felt like we were going through hoops to j...
Hi everyone,I have the hardwood floors in the bedrooms of a multifamily complex refinished for the same price of putting down new carpet. The benefits of refinishing the hardwood is that it won't need to be replaced/r...
I'm working a W2 job right now and my employer offers a match in their retirement accounts. However, I was wondering if it would be better to invest in their Roth option or traditional option if I know I am going to b...
Hello, I tried to find info on this topic online, but didn't find anything. It's a unique(?) situation, so please bear with me. Me & my business partners already own few non-RE businesses. All of them work like ...
In the realm of finance, understanding the intricacies of various loan options is paramount for both borrowers and lenders alike. One such type of loan that plays a crucial role in commercial real estate financing is ...
I'm reading a book right now called How Will You Measure Your Life by Christensen, Allworth and Dillon. It's a pretty good book, chocked full of interesting things for business owners to think long and hard about.
Th...