hello all,I'm finally looking at buying my first property. I've ran the numbers using the BP calculator and they are solid. 15% cap rate and a 15% cash on cash return. My question is and I believe there is some debate...
Love this site and the people on it!I recently retired from a job in chemistry and I want to start flipping houses but I don't have enough money to get anyone's attention. I've spoken to Realtors and Wholesalers but n...
Hi all,My wife and I put in offers on SFHs in Chapel Hill, Raleigh, and Durham NC and fought the good fight from January - May of this year, 2022. We ran all the numbers, got our final number, and made the best offer ...
Folks,Are there any other options for utilizing my 401k besides a SD-IRA? Here's the situation, I was laid off last week, so I'm jumping into REI full time. I have other capital to use as well, but I also have to cons...
Howdy yall, I was just wondering what platforms do you guys use as data to make informed real estate decisions. As an agent, I use the MLS to scrap pricing data on rentals to get the most updated info on the income a ...
Hi everyone,
I am a small investor at this time, but myself along with a small group of other investors were wondering what the viability would be in approaching a real estate hedge fund or private equity firm for la...
There’s a lot about real estate investing to make it attractive to investors, including residual income, value appreciation, and the security that comes with owning hard assets. But the other side of that coin is that...
Just getting started and I'm trying to figure out how to run the finances and accounting for rentals that I plan to buy.
Do you run the expense portion as a total fund or more like a line item budget? Take maintenanc...
I bought a 3 bedroom condo in Downtown Houston in 2013 with 10% down and a 15 yr mortgage. I put some extra cash into the mortgage and did some upgrades. I am slightly positive on cash flow, but now have 139k left on...
So i'm in uncharted waters, maybe one of you can help... I rarely pick an asset outside the norm for the area.
Area is roughly 1200 sqft homes at a 35/sqft price point. Average home 3/1.5. I'd call it a lower i...