I am looking at a 44 unit complex with a NOI of about $287k prior to debt service. Historical occupancy rate of 93% (last 5 years). My salary is in the 200k range. Credit score 790. I currently have 2 SFH I use as...
A Cajun who died went to hell. The devil assigned him the usual punishment: he put him in the mass pit where the heat was melting others.
The devil came back sometime later surprised to find the Cajun just sitting ...
One thing that’s obvious when it comes to real estate is it takes money. Property, and the buildings upon them, don’t come cheap. To get into the real estate game, you’ve got to have investment capital. Since most of ...
Im looking into a 3- 1Family deal in Muscle Shoals, Alabama. The owner is in his 70's and wants to retire. I'll be collecting $1400/month total. They are next to each other on a 2 acre property. He wants $125,000. ...
First off I'd like to say thanks for the many invaluable post and disscousins on the bigger pockets forum. I am a long to reader and a first time poster. with that out of the way I have a thread of questions.My grandm...
Hello,I am a freshman in college, about to turn 20 and i intend on getting my license this summer. Very interested in investing and wanted to know some books, that are great, almost mandatory for new young investors.T...
I formed an LLC with a relative/partner to purchase, rehab and buy and hold residential duplexes in Syracuse, NY. We each contributed 50K in equity. I loaned the company another 100K as a bridge for a cash purchase an...
So last week I tried to get pre approved, because my goal is to house hack but I fell short because my credit and I don’t make enough, so I’m trying to figure out the next step to get my feet wet I have 5k available t...
Thanks for your thoughts in advance..I'm deciding whether or not to raise the rent on one of my single family long term rentals, and if so how to break the bad news in this difficult time of inflation? I'm a fairly ne...
Hi there - I'm currently analyzing a 4 family and each tenant is on a month-to-month (not uncommon in my area, following the initial 1-year lease term). I'm told by the owner that we likely won't be able to get into o...