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Hey All,I have a 4 unit deal under contract. It's two duplexes on one lot. purchase price $219,000 taxes $2500 and net rents 2250 a month. It is what I feel is an OK deal. But what is really making this deal look sour...
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I have a unique(I think) situation that I could really use some advice on. I currently own two properties(one duplex and one single family.) I've got an FHA loan and am house hacking the duplex. The single family, I h...
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Hope this helps some new or intermediate real estate investors understand how to find apartment opportunities.
Just got back from looking at another 100 plus apartment unit to ad to my 1000 apartment in a year goal.
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My wife and I currently own two condos. One condo is valued at about $500K and we have about $112K left on the mortgage. We have quite a bit of equity and it should be paid off in about 5 years. For reference, the ren...
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Hey everyone,
Been actively doing the BRRRR method for about a year now. Completed a single family home in Baltimore, MD while finishing up my Master's degree in CS. Will be moving up to a 4-5 unit up in Baltimore i...
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I am a pretty new investor, I have two properties in Denver currently. My market is very expensive, and I have been struggling to find a duplex that makes sense... I found an off market property that I could buy and i...
Just found out that Connecticut disallows section 168k & section 179 bonus depreciation. For reference, see: https://portal.ct.gov/-/media/drs/publications/ocg/ocg5bonus...
Is there an exemption to this rule or c...
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Hi, I have a few questions about using a Heloc and getting a loan for a second home (vacation that I do intend to stay in part of the year.)Scenario:House value:250KLoan balance: 50KEquity: 200KGoals/Plan:Get 10 STR p...
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I read Gallinelli's books and bought his REIA Excel software. I love it! I also built my own tool (basically reverse engineered Gallinelli's in order to make sure I understood exactly what it was doing behind the s...
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After about 4 months of looking at different properties, I've finally closed on my first rental! Only bad thing, in my opinion, is that its a condo. Condo fees are currently $205/month (it will go back to $125 after t...