I'm getting ready to close on my first rental and I was hoping to get some feedback. It only needs some cosmetic repairs. When it comes to the floor, there are 7 different colors of tile and 4 rooms of carpet. I was g...
Hello! First time hopeful investor here. I live in a fairly expensive area and am looking to purchase a 6 unit building. The buildings within 30 minutes of my home go for $600,000 or more. Buildings 45 min-1 hour away...
Looking to do my first fix-n-flip. Although this is the first in my portfolio, we have ran a successful roofing and remodeling company for years, so my team is already in place and we are very familiar with this aspec...
Has any one had much experience in these? I am playing around with a project, trying to decide if I want to go after it or not. I am looking at a piece of land large enough to put 4 tri level town homes on it.The pric...
We were given possession of our rental at eviction court. Tenant (ex spouse) paid a huge deposit including 3 mos rent + 2 mos deposit. The 2 remaining months rent will be used for her final 2 months (Jan-Feb). Tenant ...
Hey everyone! I've been getting really involved recently with the podcasts, webinars, etc., and I'm now hoping to get involved on the forums. I have a few questions and hopefully, you more experienced posters, can h...
Hello
I'm brand new to real estate investing. I am a partner in a business that has a very strong monthly cash flow and I'm looking to use that cash to acquire multi unit rentals. The main issue I have is my lack of ...
6 months ago I started building a new home in a different part of town. Rather than sell my existing home, I decided to turn it into a rental home. The numbers weren't great, but I had a hard time allowing myself ...
How do you find a good contractor? what do you look for? what is a sign that its not a good service to give your money to?
Example - $103,000 ARVARV minus the following:$4,120: 4% acquisition costs & holding costs (2% each)$6,180: 6% real estate fee$30,000: avg rehab cost$30,000: avg profit$32,700 offer priceHowever, the teach s...