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Alright...that is all done and I can move on...phew..
So heres how the deal broke down.
I paid 162K for the property
Spent 33K on the rehab which took 8 weeks.
Closing, holding, and closing again cost a total of 16K.
...
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Hi everyone, I have been lurking for a while I think it's time to start posting. I hope to eventually have enough knowledge to contribute, but for a while I will be leeching.
My Plan:
I am looking to pick up my firs...
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I live in Minneapolis and am looking to house hack for my 1st property ever! My concern is, if I buy a duplex 1)am I required to allow usage of a garage on one side and 2) in the case a tenant leaves without removing ...
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Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
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We just made an offer on a triplex that looked great, but turned out it needed about $30-60k worth of HVAC work from our inspection report and contractor bids (it was an old property and the system turned out to be to...
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As a part of due diligence on my first investment property under contract in Indianapolis, inspection report recently came out and it didn't come good as expected and probably typical for 100 year old home.Major issu...
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Title says it all.
Weird thing is it lets me use a google voice and I can’t see how that’s any different?
GV stinks so I got grasshopper and I love it but it won’t connect to Airbnb. Anyone have a fix?
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Greetings ALL!Im a new investor looking to collect 70 commercial multifamily units!My question for you is: What are the qualifications that need to be met in order for a commercial multifamily loan to be granted? (I d...
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Hi,I came across a property that is in a potential flooding zone. My realtor outright rejected the idea saying it will be a tear down and will cost an additional 300K.Is it really not worth pursuing the property given...
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Investment Info:
Single-family residence buy & hold investment in Kihei.
Purchase price: $215,000
Cash invested: $85,000
This is a 2 - 1 1/2, 750 sq ft unit in the Kihei Villages complex located ...