Have any other real estate investors who build from the ground up noticed a significant increase in framing materials? If so, what are some strategies you are using in order to curb the additional costs? Thanks in ad...
Good Morning Everyone, Has anyone notice closing increasing in the past year? I'm doing some research and wanted to see if anyone might have any information regarding the increase of closing cost ; possibly due to TRID?
As inflation rises, note investors need to take a closer look at their costs. This is why it is first and foremost critical to understand the costs of owning a note.Things like legal fees, servicing, and insurance are...
I have no doubt in my mind that I want to try my hand at real estate investing and just jump right in. However, due to the pandemic, and from my current experience of working at a building supply yard, I am made aware...
I know there have been posts regarding the ever increasing cost of insurance. I am seeing a different insurance issue. All of my buildings are three stories. Insurance is suddenly dropping me due to the buildings no...
I'm having trouble finding a definitive answer on this. Assuming I purchase a house with the intent to fix and flip in a 6 month window, do the carrying costs I pay increase my cost basis, such that my taxable profit ...
i have n opportunity to invest in semidetached 1500 sq foot house in riggs park washington , dc.- I'm not using realestate agent but have discussed with friends in real estate business. The seller in a relative who in...
We’re just starting out investing in multifamily. Would it be crazy to assume that anything that could go wrong on our first deal, can be avoided if we recognize it? This may be anecdotal evidence, but what went wrong...
I have 3 rental properties in Chicago. I find that I’m only increasing rents when I have a turn (every 2-3 years). I’m debating if I should implement rent increases for current tenants during lease renewal, even if it...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $19,000
1st investment. This is a duplex that my wife and I are house-hacking.
...