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Hey everyone! My name is Tyler and I’m looking to get started in real estate. My short term goal is to get into property rentals by using the BRRRR method. I have begun to heavily research and listen to the bigger poc...
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OK. Found what I thought was a deal. Upon closer calculations, would have to offer $85,000 less than asking price to achieve cash flow of $100/door goal. Would just love to put my numbers up and see if there is any...
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My brother and I have a private/hard money lending company. We're hoping to expand our portfolio and are looking at a commercial building. This will be our first foray into the commercial world and I have some questio...
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Does anyone have any recommendations for how to invest in A+/A- neighborhoods in the DMV area? What specific neighborhoods and cities are good for this and what types of real estate (condos, single family, etc.)? This...
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I understand that value is driven by income when dealing with multifamily (5 units plus), but at what point do upgrades/renovations increase value? For instance if I have an 8unit that has old painted cedar shakes and...
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Hope this is the right place for this.I'm venturing into a retail business and after some negotiation have been given the following numbers for space 3,500 SQFT of commercial retail space in a small strip mall that in...
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I was refinancing a property. The appraisal noted that we didn't have proper egress and that it was a safety issue. She noted this for a reduced price in her appraisal and also for selling. I checked with the city and...
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First of all, who cares about interest of x when you are bringing in 2-3-4-5-6-7X in profit? Right now we all need to be SECURING THE ASSET. Someone recently said this and I loved it "Marry the house, date the financi...
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Hello!
I am looking for some advice as to which course I should take: Cash-out refinance or home equity loan?
Home value: $400,000Mortgage balance: $51,000
Interest rate: 6.125% - Fixed. 30yr.
Monthly paym...
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Closing tomorrow on a 5 plex in Superior WI. In the past, my old CPA told me a cost seg study wouldnt be worth it on a commercial building I owned that was only 295k. His reasoning was the amount I would save would be...