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So we have this friend that wants to unload a property for 40K, renovation costs are coming in at 56K. The CV is 98K and the ARV is around 122K. Because we are new investors, no one wants to lend on a rehab that cost...
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Hi allI’m what you’d define as a newbie whose looking to make his first purchase very soon. A key financial goal is to have positive cash flow. Do you recommend to go with a 15 or 30 year loan when running the number...
Hello fellow investors,My wife and I are interested in starting to invest in real estate to have a source of passive income. We are thinking of either starting with a turn-key property and eventually moving on to BRRR...
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Hello All,
Question:
My situation is as follows: I have been a real estate analyst for the past 6 years and have all the knoweldge and knowhow as to what a succesful commercial real estate investment looks like. I...
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I'm a complete newbie and want to start getting involved with my local REIA's so I'm looking for a little help. I live in NYC and I want to target Queens and the Bronx. I have found a few local clubs on the Biggerpo...
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I need to know if when getting a list together of homeowners in preforeclosure should I pull only those names who have equity?? How much equity? 30%? 40% is that too high? Wouldn't the banks re-fi them if they had ...
Hello,
I'm trying to learn as much as possible before becoming an investor. Right now I'm learning about renting to people with pets. I feel very strongly about proper animal care. Is it legal to require, for example...
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When it comes to student housing and Section 8, investors and landlords either welcome students and voucher holders with open arms and embrace the higher guaranteed payouts or shudder at the thought of higher wear and...
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First time poster and new member here. I am interested in real estate and have been casually checking properties including auction.com, but never found anything I liked. I just happened to notice on Friday that a prop...
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Does anyone own property in Illinois? Chicago specifically? We are buying our first rental there and wondering if there are any fees I need to be aware of on an ongoing basis above and beyond property management/prope...