The house we are looking at is a 3/2 in a desirable area. The ARV is around 170k, he owes 120k. He has long term tenants rented for 1375 a month but I believe rents should be closer to 1500 no problem! New ac and roo...
Hey Everyone,
Does anyone on here invest in land strictly for timber production? I have a couple VRBOs and a hunting cabin in Northern Minnesota and am wondering if this would be a good passive income stream for an...
I'm a new investor with limited money outside of my qualified retirement accounts (i.e. Traditional IRA and Roth IRA's). My strategy is wealth accumulation through buying, renovating and then renting renovated single...
I'm reading "Rental Property Investing" and Brandon mentions that you should "reinvest cash flow to have interest compound". Sorry in advance for a possible stupid question, however what is he suggesting to reinvest t...
I own a couple rentals in the same out-of-state city and am potentially interested in purchasing more in the same out-of-state city. I would like to establish a long term business relationship with a lender for one o...
Hello, I need some feedback, please. Do I need an attorney to represent me on a delayed financing process? I bought a building cash and I am fixing it. In the meanwhile, I want to pull cash out so the building only ...
I am a mid-50's newbie in the Cincinnati-area finally looking to pursue my fantasy of becoming a real estate investor - Better late than never, I say! I love the idea of creating a Win-Win-Win situation that bene...
Funny story
I went on a website, saw a house selling for 22 mil with a NOI of 1,575,000. I went to the bank the next day looking for a loan. . Banker asked me if I had collateral. Had no idea what she meant. Now I kno...
I'm in the process of closing on a 5 unit (4 unit 2 bdrm 1 unit 1 bdrm)
price is 199K
total income 33300 less 5% vac ~31635
total exp 14802
Taxes are 6890
Insurance 1250
Electric 600
Water 800
...
Hey all! Here in Arizona, taking your real estate courses online just became a thing. I’ve been told that there’s no audio, only reading for the 90 hours - this seems odd. Anybody who has done this have feedback on th...