URBANSTOCK- Trader/Investor/Property Portfolio 🏘Owner/ Investing coach/ Biz Consultant https://xitter.cf/t.co/MjoJTLtK6u #Fndation https://xitter.cf/t.co/of0i5aXDom
New York, USA
Joined July 2020
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2 family House cost $400k
Mortgage is $1500
Rent in The area $1200 area
Is this a good deal or not just based off these factors?
60%Yes
40%No
15 votes • Final results 5
3
#figmaadobe figma for $20 billion
marketwatch.com/story/meet-t…
In 90% of all my partnership or
co-owned deals I am the one giving the Money to the other investors, this is my personal preference, because I know what type of deal I got into & I know how to wait & what the waiting process takes to build something great. So I won’t hassle 🪡
Another thing I do is I don’t mind having the smaller percentage, I don’t look at it like trying to be the dominate, I look at it like adding diversification to my conglomerate. If I own 20% of multiple companies that is fine as owning 80% of one. Plus now I’m more diversified.
1
People sell some of they collection and then they done…
Others keep grinding like it is day one.
Big difference. #NFT
I know a few wealthy people who don’t want to own properties.
They have all affairs in order but they chose the lifestyle of living where they want when they want and not having to look or worry about property.
This is perfectly fine, if you know what you want out of life.
2
They calm this a legal 3 family in #CHICAGO but I realistically only see two, you can always cram another unit but it may be more beneficial to make 2 family with extra beds.
Good price $86k & about $80k of visible work needed.
zillow.com/homedetails/8733-…
$HNT news this would be better for them to run under $SOL or with at least medium.com/helium-foundation…
2
1
Got my New #BLOCCHAINSOULJA airdropped and this Homie is out of this world 🌍.
Tiny homes costing more then regular homes 🏠 and it allows them to build more on lots and make more off you damn they got ya’ll 😂… #REALESTATE
2
But they keep saying, get over it 🤦🏾 trust me I am not one for excuses but the redlining exists in this field in so many ways and levels. I hope now they get enough money to buy the block.
🧵A Black family in the Houston area alleges in a new federal lawsuit filed Friday that a real estate agent refused to sell a unit to them because of their race. chrn.cl/3QKuuDH
1
For those who answered Yes this is a good deal, and can be cash positive. The only issues to keep in mind are maintenance/ management if the building is not in your city or area. You could also look for a 3 family that may not cost more then then this or just a little more.
$285k 3 family - rents are $1200.00 per unit in the area.
$3600 gross - $1600 mortgage & costs = $2000 in potential net income.
