Hey guys.So I am currently in that space where I’ve been reading books and listening to podcasts but I am still about a year away from my first purchase (at least 6 months).To make a long story short, I’m cleaning up ...
I'm evaluating a deal on a very small apartment complex. It's a five unit and the gross rents are $3,025. The desired cash flow is $400 per month (maybe I'm too low here....what are your thoughts?).
The stated expe...
Hi guys!I just got a quad and an additional adjacent SFH under contract. Each unit is occupied, I believe on a month to month lease, or I'm assuming no lease at all (we'll find out more this week). All 5 units could...
I purchased a SFH in Cape Coral area in 2010 when the market tanked for 61k. Its been rented to the same tenant since for $700 month. Annual expenses are $2k for tax & insurance. I could net roughly 110k after clo...
As an investor looking for my first multifamily property, I’m curious to hear what knowledge or advice would you have liked to know when you were starting out?
Hi all,I am a 30 year old guy from NYC looking to slowly transition from a salaried income to a real-estate income via rental properties. I am very well-versed in finance and financial modeling so this stuff is very f...
The market where I am at is scarce in terms of deals. I've been working with a developer who has a duplex who is interested in selling but is by no means motivated to sell. I'm trying to house hack my way into a decen...
I'm looking for my first deal in St. Louis. This is a four family in the North Hampton neighborhood. My question is does the analysis look sound? Is this the type of return I should be looking for or can I do better? ...
Hi everyone can someone please explain to me the difference between a hard money Leander and a privet lender. I want to acquire a down payment for a 9 unit. Thanks.
They want to limit rent increases to 5% plus inflation, up to a max of 10% a year.Any thoughts on this?https://www.ocregister.com/2019/09/10/state-senate-advances-statewide-caps-on-rent-hikes/