Greg Wright
Using a self directed IRA for rehab.
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
Colin Smith
Cars - Pay Cash or Finance & Invest?
My wife has finally ran her 1999 Volvo into the ground with the transmission going out and it would cost more to fix it than the car is worth at this point in time. Let's be clear that we are looking to buy a 3+ year ...
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College area rentals?
I haven't posted much on this forum, but have been lurking for a little over half a year. I thought it was time to bring up some of my thoughts/experiences with college SFH rentals.
I am a very novice REI and current...
Alice Green
condos are risky
Condos come with a little bit of more risk and the reason for that is that they are tied to the other properties in the existing neighborhood because when you talk about a condo complex, every single unit is typically...
Shilpa Matlock
1% Rule Properties are not Cashflowing
Hi All, I'm running my numbers and could use any tips. Is it possible to find properties that meet the 1% rule, but are still not cashflowing? I'm looking at deals (2-4 units), many of which seem to meet the 1% rule ...
Celine Li
"Which out-of-state cities are good for investing now?"
Hi everyone,
My name is Celine, and I live in Los Angeles. I've been learning about real estate investing and am ready to take action on my first out-of-state property using the BRRRR method (with plans for short-ter...
Collin Schwartz
My 4 Year Journey from 0 to 778 units!
Four years ago today I was wandering through life thinking I had made it. I was working a corporate 9-5 job, good pay and would use my 10 days of PTO for the amazing 1 week getaways. Jan 1st 2017 happened to be the la...
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15 unit. 750K asking price. 650 rents. Good deal?
Hi guys
I'm considering this one.
Area is safe.
15 units, 2br each 800 sq ft, 1 bath
Rents 600 each
coin laundry in basement.
All updates are done. Needs nothing.
The asking price is 750K
Is that price good?...
Avtandil G.
Strategies for dealing w/ MFR brokers (who fudge numbers)
Hey folksI've been looking to buy a couple small (6 to 10 units) MFR. I'n looking to get 7%-8% CAP c-o-c. Have been scouting usual sources like MLS, Loopnet, Marcus... Plenty of fish in metros I'm interested, advertis...
Therese V.
What is cap rate?
What is a cap rate? Why do I want to know it? How do I determine it? What is a good one?