How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

like
Posting as :
works at
You are currently posting as works at

That’s like $50k a home. Do you live near a war zone

like

20 units for 1M?

That’s the literally what 20 units can mean. But echoing the below. War zone?

Are these 20 homes in good condition?

To be clear these houses are obviously In an low economic area but in general look fairly well maintained

There’s an added element of managerial duties involved the more properties you have and the cheaper the property generally is (more things break etc).

Ask why it’s for sale? Like the owner foresees a years long eviction process coming up post moratorium…

Related Posts

Big legends Guide to Three-Fund Portfolio. Yay or nay? Additionally, please share personal finance books that you recommend to newbies! Thank you and happy holidays!!✨

like

Anyone use the Apple Card to buy iPhone on monthly installments and submit Apple statements for the cell reimbursement? Or do we have to buy phone through cell carrier?

like

I bought $150K bells worth of turnips this week and the price just keep dropping. Anyone have good turnip prices on their island today? Pls save me from financial ruin

likefunny

Is now a good time to buy property in London? For investment purposes.

Thanks

like

Anybody have experience with JD-specific mortgage loans? I know BBVA offers one

like

I've got a YouTube channel about all things crypto and trading. It is primarily an educational channel, rather than one that is specific to investing.

Please post video requests here. (Continued)


like

Looking to buy a practice in the St. Louis, MO area if an advisor is ready to consider retirement, could transition over 1-3 years as desired.

BTC versus ETH as speculative investments and why? Looking to pile in about 20k

like

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.

like

Is it mandatory to submit previous employment declaration while submitting Income tax declaration. Or we can just skip this. Since this is my 2 nd company not aware of this much. What happens at the end of financial year if we don't declare previous employment declaration. Seniors kindly help🙏

I am 25 years old with roughly no savings. I am a consultant with a technical background. Are there any tips in side jobs/ways to make more money for savings?

like

What happens to your shares if you are partially, or not even 1 yr vested at a pre-IPO company and the company goes public? When you continue on your vesting schedule, what price do you purchase your vested shares at?

like

24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

like

The Investnent Advisor, LLC a registered investment adviser is looking for Investment Advisors in Pittsburgh, Pennsylvania.
Must have a Seires 65 and a Portable Book of Business. Call 412 388 0500.

likeuplifting

Looking for good books on investing. Open to anything- real estate, stock market, etc. please leave any suggestions on what to read and anything to avoid - thanks fishes!!

like

Does anyone have experience with out of state turnkey real estate investing? Would you recommend any companies? I live in Sacramento where prices for real estate are inflated so I can't buy local.

like

Anyone have a contrarian opinion on a trend / investment theme going on in the private investing world, particularly tech investing? Feels like everything is painted in the “huge growing market with tons of white space” lens.

like

Laaa laaaaaaa lala wait till i get my money right (just accepted a PE offer woo)

likefunnyuplifting

If you don’t know what you’ll be spending in retirement, how do you know whether to put the majority of your money pre tax or post tax?

like

More Posts

I am looking to identify committed Christians within Deloitte who would be interested in serving on the US board of a global non-profit committed to restoring the lives of those who have been traumatized via human trafficking or gender-based violence in SE Asia. Deloitte has been instrumental in partnering with Hagar International via pro-bono consulting and we would love to leverage this partnership on our US board.

likehelpful

Is now a good time to buy property in London? For investment purposes.

Thanks

like

Trying hard to get a new job that isn’t in the public sector sphere without relocating. Real challenge. All the good jobs are in NYC or SF it seems. My skills are in data analytics and modelling.

like

Marketing Career: When should I move to the director level? I have 4-5 years of Growth Marketing experience and my salary is stuck at $100k. I want to make $200k within the next year - what should I do?

like

All of us want the same thing! Money- Flex Timing- Great Culture- Respect - Value in what we are doing!
We, the employees make an organization. If all of us want the same thing, how come the culture of that organization still remains the same! Why can’t we be the pioneer? Thoughts…

likeupliftingfunny

Best bars/restaurants with large outdoor space in McLean/NOVA? I’m looking for something for St. Patrick’s Day that will be spaced out

like

What’s big law like in San Francisco? Anyone have any insights to firm cultures or billable targets?

like

Anyone have examples of companies started by ex-VC investors (Associate-VP level)

like

Hi Fishes,

I am working in Google's vendor company in curated formats project. Can any of you refer me to Accenture / CTS with Google ads optimization process pls. Location: Gurgaon. Thanks. Need to change my job as I am extremely disappointed with my current job working for 13-14 hours a day.

like

Does anybody know of Restaurant or hospitality groups that are good to work for? Looking to change companies but so many poorly run ones out there

like

Could use some help designing a commission scheme, what would you sharks do in my situation??? I’d like to do some sort of group scheme, not an individual contributor scheme.

Situation:
just replaced a 35yr lifer and now boss tells me to create a business plan and comp scheme. Now there’s me and my trainee who’s rather green. It would be my responsibility to train him up. With 2 effective sales people last year we did ~7M @ 50% margin avg contract value of $25k (record setting year).

Does Next Gen issue a formal report for PGS testing results? I had my embryos tested and my clinic just told me which were normal and abnormal. No other info on embryos ratings, etc. they could have not even sent it in for all I know!
Also, how involved are you REs? I’ve been through 2 retrievals now, but feel kinda in the dark still on a lot of things. Some of the nurses are hit or miss and if I want to talk to my doctor I have to schedule a consultation and its typically a 2 week wait.

like

the more I want something, the harder it is to achieve. anyone has this feeling also?

Best halal food in Montreal?!

like

Hello Friends, What is Grade 6 in GSK and what it translates to Market roles like Manager or Sr Manager or Associate Director. What will be the base package for Grade 6 for Cloud Solutions Architect

like

I have an offer for a Senior Consultant role from PwC India. Need to know how are yearly hikes, bonuses etc.

like

Work in data strategy consulting with in London and considering moving to Singapore. Any insight into salary for VP level? How easy is it to get visas?

Any IP lit laterals getting bonuses over the last year? Curious about Juniors in the 2-4 year range but all data points helpful

like

Looking for CSM (Customer Success Manager)/Senior CSM or similar roles. Please suggest

like

What do I do?

Just switched to a gud org with gud perk,pay,project work but My boss is the epitome of a**h*** reasons-
Onboarded me on a huge project (12 phase proj) with no KT, only gave docs to read from.
He was handling this proj till phase 4 but has completely withdrawn out without proper transition.
I can't make decisions as he overrides/turns them
I have 2yrs experience & it's now my onus to negotiate with PPL in VP,EVP position and also handle testing & dev team
He called me BC on call

like

Additional Posts in The Real Estate Bowl

For any of you real estate investors, what tools or sources did you learn from when getting started. Can’t find a mentor currently so want to find some highly recommended books or videos. If focused on the tri-state area (NY, NJ, Long Island mainly) that would be even better. My hope is to buy and rent out a apartment while also owning a house and house hacking that by renting part of it out. Trying to understand all the steps, traps, and how to find if it’s a good investment.

like

This is the thread to boast about a creative deal that you made by using leverage and/or collateral.

like

My partner and I close on our house this Friday at 9am and I’m just so happy. I’m a public interest attorney and we worked really hard to save. This was after 10 offers. Just wanted to share 🥹

likeuplifting

I’ve fully renovated 3 properties and am working on my 4th right now. I now have enough capital to where I could take on 2 at once, but would I’d run into capacity issues. Any tips on planning which pieces of the work to hire out vs prioritize myself?

like

469k new construction
No washer dryer or refrigerator included
Added these at cost, downgraded to basic grey paint throughout, removed blinds and builder accepted 460. Feeling cheated :/

What would have been a better offer?

like

Bi-annual plug to say I’m a realtor in Charlotte, NC if anyone needs help buying a home or investment property. DM me!

like

Couples without kids, how do you justify buying a house and paying school taxes? Almost all of the good residential areas are with a high school tax. Just curious if childless couples can ever buy and live in nice areas or rent forever

likehelpful

How much should I invest in buying a HOME as my primary residence.

Current TC: 200k
Net worth: 300k, readily available 170k in stocks, hysa and cash
Current rent: 2000 per month
Age: 30

Wonder if anyone has any excel model or a rule to determine how much I can afford or should go for?

like

We are renovating a condo and the previous owner had two Crane toilets (not sure how old, but functioning although seals are old according to our contractor). Back outlet flour mount ones are the only options for the building, and one toilet can cost $300-$500.

We are redoing all the bathroom tiles and walls and debating what we should do with the two toilets. Would resealing the toilets extend the use life? Or should we just replace the toilets? Any other recommendations? TIA!!

like

Is it the worst time to buy real estate because of the interest rates?

like

I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?

Is a sloped floor of 1/2” over 10’ noticeable? I have to make room for conduit and cannot trench in my current place

likesmart

Can my vacation home be 45 minutes away if it’s at the beach? Or does that look suspicious? I want to get in for 10% down and lower rate than an investment home

like

Looking for experiences/opinions on A/C options for old houses. E.g., high velocity ducts vs ductless mini splits. Seems like mini splits are way easier and possibly more effective...but seems like an eye sore. Or... is it just what a contractor thinks will work given your house? Curious what everyone thinks!

like

Any investors in the woodlands Texas for single family homes, rent looks good as per Zillow , good school district and houses are still affordable compared to Dallas and Austin

like

idk if this is the right place to post but...
Ok so I was carless -- I was assembling my new bed frame and one as I was grabbing one of the long parts; I set it vertically and my fan was on and hit the edge. I literally just moved in 5 days ago and I already scratched these pristine fans, I'm irate and I want to fix it.
Is there any kind of paint. or is there a way to polish it so it doesn't look as bad :(

Post Photo
like

How can I invest in real estate ? Looking for an additional passive income source

like

Once all the boomers are gone will there be a gult of homes? I have rentals here will they be worthless in the future?

funny

I would like to learn more about development and real estate. Can anyone recommend any books or courses that you think are informative. Eventually I would like to own a few apartment buildings, but I know there is a lot I need to learn 1st. Any advice appreciated. 

like

I am wanting to start investing in real estate in the new year… I’m using this month to read up on it and familiarize myself with it. I am a true beginner and wanted to ask for any tips, tricks, advice, books, videos, magazines, podcasts, etc to start? Please let me know!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal