** Keep in mind while reading this that the LA market is crazy. The 2%, 50% and most other rules don’t apply. :-) **Six years ago my husband and I bought our first property - a run down duplex in a transitioning part...
I am looking very closely at my first deal on a duplex (owner occupied for 1 year). I have been looking at several duplexes and am trying to make sure I have all my numbers in a row.
What is the best way to ACCURATEL...
My wife and I have 80K to invest in our first rental. We've been wanting to utilize the BRRRR method for some time now, however we'd have to invest out of state in an area where we've never been to. Our goal is to acq...
Hey y'all,
I'm currently based out of Seattle, WA, and I've been looking into potentially purchasing an investment property. I hope to spend less than 50k total on the property but can go up if needed. I've considere...
So I've been looking on Crexi at Multifamily buildings and most have a 4%, 5%, 6% cap rate on average. Isn't that low? How does one justify putting 300k down to only make 2k-4k a month? Is that a normal return?
Hello all, I am looking to buy my first property and would appreciate hearing advice from someone with more experience than me. I am relatively new to real estate but am no longer interested in standing on the sidelin...
Hello, I am looking for some wisdom and maybe you would like to contribute. If I have never done a flip or a BRRR why should I? Why should I just not give my 50k - 100k to a multi family syndicator with a track record...
What’s the best way to draft a purchase agreement without realtors? I’m attempting to buy a house from an elderly family friend who would like to sell the house to me. We aren’t involving agents, and I need to draft a...
Basel III requires bank lenders to hold greater reserves. What does this mean to you as investor? Price increases. The cost to carry cash for banks to appear solvent will be passed on to you as a consumer. The interes...
Hello everyone,
I need some advice. I have a rental with amazing tenants but it's time to raise the rent a little. We were thinking about $20-30. My question is how to convey this to the tenants without alienating th...