Looking for a fresh set of eyes to look at a rental analysis for a 10 unit efficiency apartment building in Pueblo, CO. COC ROI: 21.8%CAP RATE: 11.3%GRM: 61%I used conservative estimates: 5% capital expenditures, main...
I am getting ready to close on a property I put under contract about a month ago, the owner was very accommodating in letting me do my due diligence based on the condition of the house. I have so e questions about...
How does foreclosure work?
Hello BP! This is kind of a loaded post so please bear with me:So I'm starting to really look into deals in my town. My goal is to invest locally and mostly self manage so I can gain experience. Eventually, I'll mov...
Interested in hearing what different people have to say. I’m currently evaluating a triplex in Wilmington North Carolina, Gross rent multiplier is 8.1, net income after financing is solid, Cap Rate is at 6%. But that ...
In a recent article, @Scott Trench discussed the advantages of a 30 year note over 15 year (or lower than 30 in general). While I agree with most of what's there, I'd like to discuss a case where to me at least, it se...
I’ve been wanting to start one of these from the start and just haven’t had a minute between my job and getting this deal done. The property is an 11 unit converted motel in Livermore, ME. Each unit is 1 Bedroom/1 Bat...
(I just posted this as my first blog, but it's my first success story also)StrategyRent by the Room (RBTR) allows me to maximize the rental income from a home, while still having long-term tenants on leases. Instead o...
Hi all, I'm new to real estate investing, but I'm not getting cold feet about buying a property. I think I've found a deal that will work for my scenario (house-hacking until I graduate college) but I would really lik...
Hello fellow investors, this is only my second post and never actually properly introduced myself. My name is Alex and I am a licensed contractor in Georgia and sort of a new investor. My wife and I opened our invest...