My wife and I purchased a home in Scottsdale, AZ in 2018 - $325k loan, 4.875 rate. We moved out of state in 2021 and have been renting ever since (long term, current tenant 3yrs @ $2,850). We had maybe $200k in equity...
Howdy. I'm looking for recommendations on which vehicle I should use to stash some funds to be used at a later time. Let's say it's more than 10k but less than 200k. A friend suggested municipal bonds but I'm not sure...
I currently own a property management company (started it one year ago!) and personally manage our own 22 investment properties. We are in negotiations to sell a chunk of land that has 15 units on it.The buyer "very m...
It was just supposed to be her and her two kids, and she said she was single, had no time to date, works 70 hours a week, two jobs, hardly home, etc.As I like to do, I drove by the unit recently, as I have the past 3....
Hello all. I hope I'm in the correct category. If not, let me know.I bought my first house in Oregon City, OR last fall. I found out I have to move out to the Newberg area for my work next fall or early 2019 and co...
Let's say we underwrite a deal and we think 3% growth in Gross Operating Income and 2% growth in opEx are reasonable. Because of this delta, NOI increases every year and Cap Rate as a result. But NOI can't grow infin...
Unit Type: Fourplex (two detached studios + duplex)Year Built: 1965Building Size: 1,700 sq. ft.Price: $440,000Current Rents: $3,755 ($1,075 + $1,005 + $900 + $675 + $100 storage). The $675 unit is below market...curr...
Hello all. I'd appreciate some guidance or validation in my plan below. I am a first-time investor that has been researching my butt off for the past few months and am very appreciative of this forum. So much informat...
Just put in an offer for around 715k on a building in a lower income area in Chandler AZ, but surrounded by good neighborhoods with great schools, as well as higher income areas This particular neighborhood's median h...
While doing my research and talking to people, its still hard to gauge the true numbers. My personal opinion (based on very limited knowledge) is that if one is not making atleast 2-3k per month net income while self ...