My wife and I have just sgned the contract to begin building in the central florida area. We currently live in Alaska, The seller is paying 6% of our closing costs and the builder has waived the deposit on the pool we...
So I have done a lot of research/reading in evaluating a multi family for buy and hold such as determining cash flow, cap rate, cash on cash return utilizing the 50% rule for expenses and pro forma numbers. I am ju...
I moved to Miami a few years ago and absolutely love it here. With what I'm seeing in the new construction projects here, I am very bullish on Miami right now and what it could become. My first instinct was to invest ...
Hello I started eyeballing Pilsen area in Chicago as an upcoming one can any one share their views about it ? it looks very diverse from 200k per 3 unit all the way to 500k for 3 unit ( yest the 500k is way nicer )...
Can anybody offer any advise on how best to get into the loan/mortgage industy?
Thanks all.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $295,500
Cash invested: $45,000
Sale price: $401,500
"Live in Flip" - Put 10% down, wrapped some of the closing...
I've been thinking about this a lot. We focus in one market (Los Angeles), and have a strategy that has thus far worked. I've had folks tell me the market we're investing in is a good place to by real estate, and othe...
Hi BP Folks,One of my unit is rented out to a tenant with a refrigerator. Recently, the refrigerator broke down and we got it fixed in about 10 days (the earliest we could get a technician to the house). Now, the tena...
When looking at an investment with value-add rehab, obviously we need to take market cap rate and discount for the actual costs of repairs. But there is no reason to take on the risk, time, lost rent, and work for the...
Hey , I’m currently 21 and would like to start off my journey of passive income and investing. I live in MD. I have 20k Capital and been seeking advice on what’s the best way to start off going in multi family investi...