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A little background. I have a full time job that provides me with a good positive cash flow. I currently own and live in a multi-family unit in the New York metropolitan area. I pretty much bought it at the top and al...
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I have set myself a goal this month of learning how to analyze deals well. One thing I am currently struggling with is ARV and estimating rehab costs. I have an agent who can pull comps for me, but when the comparab...
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I looked at several paid mentor programs that ranged from 14K to 40K. Every time I attended a seminar or webinar I had to hide my checkbook because they got me so pumped up I was ready to sign up.
I ended up finding ...
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So I see ads like this all the time....
http://www.ebay.com/itm/Memphis-Fully-Renovated-Rental-Properties-80-Financing-Qualified-Buyers-/330863348512?_trksid=p2047675.m2109&_trkparms=aid%3D555003%26algo%3DPW.CAT%...
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Hello,
I can buy a 4 units building in Elkhart (Indiana) built in 1900.
There are 3 1beb/1bath and 1 2bed/1bath.
If all units are with tenants, I can hope a cashflow of 1400$/month.
The price is 5.5k$. I can invest 3...
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Just got my first deal under contract and it's definitely an interesting one to say the least. It's a triplex set up like a twin with one half of the property being a single unit and the other half being two units. Th...
I have an opportunity to buy a great property in my neighborhood. $210,000 My wife and I would like to live there in 2-3 years when it is time to downsize. In the mean time I will rent it out or use it as an AirBnB ...
I've been reading a lot about using a self-directed 401(k) to help with funds for a buy & hold rental property. There are a few things I'm a little confused about. 1.) Everything I'm reading says you can use a "se...
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We are planning to purchase a condo in CT. How do we determine if a development is free from the crumbling foundation problem?
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I do and I see everyone accounting for around 10% for PM service, but where and how do you account for the 1st month rent they may charge? Or is that not the norm and most really just take $90 of $900 rent to move a n...