Spencer Fry
4-Plex- High price but significant value adds
I have a 4-plex I'm currently looking at potentially trying to buy. The area I live in is a high summertime tourist area. As it stands, the numbers do not work to purchase the property at current asking price. Now the...
Account Closed
What does been "financially free" even mean anyway?!
I've started learning REI and I stumbled upon a few threads talking about cash flow vs appreciation. One post on this thread here REALLY stood out by Minh Le."Cash-flow pays the bills. Appreciation makes you rich."Th...
Jeremy Arsenault
New member from Halifax, Nova Scotia
Hey folks, My name is Jeremy, I'm based in Halifax , Nova Scotia and first got into real estate back in 2016 when my wife and I purchased and rehabbed a 100 year old duplex in Halifax's north end. From here we're loo...
Amod Karve
Best way to tap into equity
Hi All,
I would like some advice on the best way to tap into the accumulated equity in one of my rental properties. I am close to owning the property free and clear in the next year. The house is currently worth 410K...
Zacharias Salva
Analysis - Too Late? Negative cash flow :-(
Hello,
I could really use some help analyzing my first rental property. I financed this particular house - newly built in 2013 - as my residence using a VA Loan, (no money down) for 168,000. The home is loc...
Account Closed
Airbnb Hosting Hacks For More Success
Hey guys... Here are some more hacks for success as an Airbnb host. Reduce The Likeliness of Single Night StaysSo imagine that you have a property listed for $220/night. One day someone decides that they're going to b...
Reed Meyer
Getting started in Medium to Large Multi-Family
How can I get started in medium multi-family without a track record? I am thinking the 16-20 unit range. Obviously need about ~75% loan from the bank and would need significant money from a partner for the down paymen...
Virgil Nethercott
Declo Mobile Home Park
Investment Info:
Mobile home buy & hold investment.
Current
Declo Mobile Home Park was acquired November 30th, 2018 by Virgil Nethercott on behalf of Declo MHP, LLC and under the management of VBN, L...
Angela Persico
Renting apartment for business housing?
I listed my first apartment and have been showing it this week. I had someone view the apartment yesterday and during the showing he told me that he was actually looking to rent the apartment for his business. He has ...
Emily Alspach
First Deal - Triplex------thoughts?
We are just starting out with real estate investing. Here's our potential first deal we would Love to hear feedback:Property Appraised 190kAsking price 130kTriplex with combined rent of $1450/month (currently rented, ...