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My wife is not on board with buying a rehab unit to update and force Equity in the property. She wants turn key. In our market with what she is looking for we can not afford. We will have a liability not an asset. So ...
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I would like to see what others thought about the wisdom/perils of investing out of area for NNN lease type investments. Assuming a landlord could secure an investment grade tenant for a long term lease (true NNN w...
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I was listening to the Lifestyles podcast and he said that people investing in real estate should not invest into their works 401K but invest in rental properties. Lets just throw an example out there. If you were loo...
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Good Afternoon, Folks.I have a question that is stumping me. I have my resources lined up for an actual rehab project this year. Two of my clients are a house flipping company (helping me with advice) and a remodeli...
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Hi All,I'm super excited to be under contract for my first property. I was reading through a PM agreement from the company I intend to use, it states that the PM keeps all late fees. Is this common practice in the PM...
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My husband and I own a law firm and pay way too much in rent so we are looking to buy something. As much as I'd like to buy an entire building, in my area that would cost $10M+ so we're looking at office condos. I w...
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As I understand, Cuyahoga County is reassessing property values. Does that mean many of the people investing in the Cleveland area are about to have their cash flow reduced by a big chunk, or even wiped out? It sounds...
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I am in contract to buy a Free standing property leases to a national pizza chain. I am picking it at a high cap of 9+ with only 2 years remaining in lease. They have been operating this location for almost 23 years a...
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Hey BP!
I purchased a BRRRR deal (or so I thought) in mid-February with a combination of my HELOC and a couple of private investors on 12-month promissory notes. I am coming to the end of the rehab period. The proper...
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I currently do not have any properties and live in central Vermont. As I have combing through potential deals and analysis, I have found that a combination of lack of cashflow, high property taxes, shrinking populatio...