Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Dear BP members,I just wanted to share with you this story because I realize that many of us (newbies) struggle with getting a mentor to help us and guide us during our first deals. Well let me tell you what I have do...
The home has asbestos and major termite damage, now that I have removed the old sheetrock. The roof looks to be sagging in and is not up to code as far as the joists go.I am excited to learn, and have already learned ...
The last two months I’ve been doing the research by reading books, listening to Podcasts, talking to people, etc. I’ve written out my goals for the next 10 years and 20 years for where I want to be. Wrote down my whys...
Hello,I am a new landlord of an owner occupied small multifamily property and was hoping to get some advice from more experienced investor/landlords. - I will be putting laundry in-unit, but not sure what to look for....
Hello everyone I'm in the bay area in California, and I'm looking for anyone doing tax deeds and tax liens, so we can help each othersthank uandrea
I can't explain it better than this youtube video. Check it out:
I have an opportunity to move to grapevine texas and work for a contractor there who are developing houses. While I am there I would love to be able to owner occupy a property fix it up and move to keep it as a cash-f...
Welcome to my weekly take, A Skeptical Real Estate Dude, coming at you live from Nashville, TN. Every week I write a brief, hopefully insightful, dive into real estate and financial markets, for all you tubular dudes ...
I need a little help for the forum. Have a relative in Shasta California who has little or no experience in REI and wants to hit it big now that the market has fallen off. I'm seeing the numbers he's looking at and ...