Hi! I've been hoping to simultaneously find a place to live (right now we're living with parents in Illinois) and acquire a rental property. So we're looking at small multi family homes (preferably 3 or 4 plex). I ...
Hi guysI have a value add strip center I am looking to buy. Building is 8 years old and doesn’t need repair. It’s only 34% occupied and as a result NOI is basically 0 (current rents can only support property related...
I have a couple of vacancies and I am considering putting some money into the current units. What is a good rule of thumb for ROI in updating units I can do the basic and invest 6k and get an extra $100 per month OR I...
Hey there, I am a first time homebuyer looking to househack through a multifamily east of 95 under $450K, between Delray and Pompano. I have found very few multifamilies here- Is this just a difficult location for the...
I’m a new investor looking into the Newark/Kearny market and I’m seeing low cap rates and low cash on cash returns compared to other markets in the NE region (e.g. Lehigh Valley area). It doesn’t seem like buy/hold fo...
Do you think that it is better or worse, then the traditional way of going and applying at the bank?
Ok, so when I approach someone with the SDIRA investment opportunity, how long does it take for their current IRA, to be transferred to a Custodian and able to be used for investment? Now, let’s say I land a quadplex ...
Can you make the repairs like painting, fixing hvac tax deductible in addition to depreciation?Any good articles on the same?Thank you
Hello I am a new investor in the Chicago Area, I am currently in process of offering on a property. It is a legal 3 flat unit in Irving Park, I have included my excel analysis below. I will buy with FHA financing (3.5...
I have a quad in Pensacola that needs siding. The current siding is T1-11. About half of the panels need to be replaced. My options are: replace T1-11, use Hardie or Vinyl. It occurs to me that the latter 2 will be le...