I did a back of the envelope analysis for this 3 unit plus general store building and got the following numbers which seem pretty promising. What other information should I find out or confirm before making an offer?...
Spotted this illegally mounted below a traffic sign in a poor neighborhood. I understand why wholesalers put up bandit signs telling people they BUY houses, but does this WORK? Are there desperate cash buyers just dri...
Got a property under contract and here are the details:
Contract price $162,200
ARV $260,000
Repairs $20-25k, still trying to finalize this
Prospective rent $2000-2200, still trying to nail this down. Realtor suggests...
Ok, I have a quick question for the experienced and advanced medium to large apartment complex investors(75-200units) I know value is really determined by Actual NOI and Cap rate, but what happens when you run into...
As a first time investor, I see many people house hacking. Which is wonderful way to break into REI. My question is not for house-hacking advocates. Has anyone ever went into house flipping for their first REI propert...
What are the websites that you guys recommend?
Good day,I'm trying to find a Bank/lender to start lending to my LLC. I have had my LLC for 3 years now and have showed profit for the last 2 years. All 4 of my rental properties have been transferred into my LLC na...
I'm looking at a 450 unit property in an area I like, offered at 7.9% cap. 2.1 mil NOI, comes out to 26.5 mil. 20% down= 5.3 mildebt service on a loan that size runs, at 5.5% 30 year, around 117k, leaving only 40-50k ...
Hi,I been researching flat fee MLS services because I'd like to control my own sale, and save money. I've come across a couple services I'm interested in, however, my main gripe with these services are not the fees, b...
Hi Everyone! I am strategizing my first investment and am tempted to buy a property through an agent for a STR. The home is already rehabbed and ready to go. There are many opportunities in the area for fix and hold, ...