Hi everyone, I had a friend talk to me the other day. She was saying that her first rental was a house that she and her husband picked up from a neighbor they knew who was moving. But she said it didnt cash flow much...
I am looking at an opportunity in Minneapolis (north of como) a few blocks from the University of Minnesota. Decent building and a lot of the big capital expenditures (roof, boiler, windows...) have been recently upgr...
Hello, I’m considering turning my primary residence into a rental and moving out of state. It’s a 3000 sf 5 bed 3.5 bath new build (2022) with really nice finishes. We bought at the peak of the market in 22, and can’t...
I am relatively new to real estate investing. I just bought my first property. I have a back ground in banking so I've been involved in rentals/construction/development for a while, but this is the first time I've p...
Gold broke the $1000 an ounce barrier last week and is zooming up over $1100 as I write this. It seems to me that the money that the Fed's loose monetary policy is going to come home to roost. If I recall the 1970's a...
I was just reading a news story about a large real estate firm that bought a building for $154,000,000 and that the building has a NOI of $10,100,000. So cap rate of 6.6%.I know that this firm most always buys with fi...
I am living in a primary residence house right now with a decent kitchen with all white appliances. I plan to turn this into a LTR in the next 1 year. The oven needs to be replaced now because it doesn’t work well but...
First time posting. Would gladly welcome feedback. Bought a 6/6.5, 3,600 sq ft home second row ocean facing Feb 2022. It is cash flowing very well. First yr 160k gross (end of May-December) and this year already over ...
Hi,
I am close to buying a out of state multi unit property. Any property manager charges ten percent of rent. I am wondering if anybody is managing his or her out of state property without keeping a property manager ...
I have a home at the beach and I was trying to short term rent it and have not been having a good experience. The market seems far more saturated now for STR, and all the renters have been partying and over occupying...