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Have an opportunity to purchase a property with rents below market value: property is 2 multi, 300k listed, rooms currently yield $1930 in total, NOI 13kAfter raising rents (one Aug '23, other immediately), NOI jumps ...
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Just curious if anyone uses a software the estimates the repairs for a rehab. I was at a seminar this past week for flipping houses and they gave us a preview of the software they use. Basically it was a break down...
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Hi All, Curious if anyone can suggest a real estate CRM that works best? I have 2 sales people in my office and 1 tech guy. I have currently 250 leads but will ramp up to 1000 new leads per month. Any suggestions? ...
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Should I join my local REIA club if I am just starting out?
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I got anxious after I didnt get the properties I wanted and the got in a frenzy & bid on a house that appears to be abandoned. The lien was $700. What can I do if the owner does not redeem it?
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Hello,
I'm looking for advice on my offer strategy for a house on the market I want to purchase. My goal is to rehab it first then move in as my primary residence. Long term play would be to either use it as a short ...
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Not to play Gloom and Doom as I am genuinely curious. Since I currently am in the process of researching for my first investment property I don't have any first hand knowledge of this situation. From the few (one) t...
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Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...
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Looking for some ideas. Have an 8 unit multi in midwest. Accepted offer at 160K. Have 20% down. Have good credit, but a bit high debt ratio. Not finding a lot of luck in local bank circles. Deal cash flows excellently...
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In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...