Last month I closed on a 7 unit, 7,000 square foot commercial building for $36,100. That’s right. I paid less than half what 2 bedroom 1 bath houses in rough shape are selling for in the same neighborhood. This is $5,157 per unit. If I subtract my expected value of …
In August of 2022 it looked like there would be no more great deals on houses in our area. The housing market had been tightening for the last year and homes that sold for $30,000 2 years ago were now selling for $80,000. The numbers just didn’t work. I still …
We bought our first investment property in 2018, and since then have built up a portfolio of 10 properties with 15 total units. I’ve been advised by friends that I should put my properties in an LLC for legal protection. I’m not sold on the idea yet, but certainly am …
I’ve recently heard multiple renters talk about the housing market in a manner that does not show the objective reality. They state that rents currently are far too high (While paying $600 to $750 per month) and that they are glad they aren’t trying to buy a house because interest …