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So I'm in the middle of my first BRRRR project in downtown Wilmington, NC. Bought from a wholesaler for 60K 3 months ago, after closing costs, new roof, cleanup and junk removal and some brick work I'm in it for 70KT...
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Hey everyone,I've been getting a ton of great advice so far, in particular from @Brie Schmidt, who, if you're in Chicago (the city, not the "land"), you have to connect with her for all things buy & hold. She's a ...
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Post inspired by another thread that is looking for 1.2% of rents on a 100k purchase.
What kind of rental deals are you finding right now ( staying away from warzones and low c or below class property )? With the ...
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I'm analyzing one deal per day. I came across a house that needs work and seemed like a great BRRRR, but after calculating the numbers, I'm not sure if it's worthwhile. I calculated 6mos of rehab/holding time and 6 mo...
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I bought a property at foreclosure sale for all cash. I would like to do some more but I run out of money after 4 or 5 of these. I paid 113,800 at the sale and spent around 8k rehabing it. It rents for $1,350 per m...
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*** Disclaimer: I am not an accountant, lawyer, or financial advisor! You should consult with a qualified professional before acting on any of the opinions shared in this post!!! ***Self directed IRAs have become ver...
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I'm building a software product that is An investing platform for passive income from real estate as a sponsor:Smallplex which lets you own fractional shares in a portfolio of cash-flow generating multi-family propert...
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Hi all,I am a military veteran from Chicago and I am looking to purchase my first 3 to 4 unit property using the house hacking method. My plan is to utilize my VA loan which has the benefit of putting no money down. I...
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Hello everyone, This is part 2 of my research project for house hacking. Please let me know any questions you have surrounding house hacking. If you have the answer to any question you see, feel free to answer. Thank...
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Investment Info:
Single-family residence buy & hold investment in Savannah.
Purchase price: $38,400
Cash invested: $12,500
This property we purchased using an auction site. The single family prop...