All Forum Posts by: Tyron White

@Joe Carroll Need2skip

@Ned Carey And you find the right number based on the rents in my area right ?

What's a good formula to use to determine an offer on a rental property with a tenant ? I would be wholesaling it to another investor so would you still use the 70% formula ? The seller also wants to be able to have the tenants stay there too because they're good tenants. How would you make sure that can happen ?

I'd pick a svr because it looks way more beasty.

@Chad C. No need to feel bad. You now have a opportunity to get a better tenant that causes less stress and takes care of the property.

@Melanie Hartmann Hey if you're going all in just make sure you take massive action and keep in mind your only 1 deal away from your life being changed. Good luck!

@William Manzie search the address on tax assessor site for your county. Send them a letter or cold call them to see if they want to sell

@Diego Carrero I would turn it into an event venue if the area is lit

@Sherman Dunn I wouldn't spend that much money. Seems like the profits are tight

@Cody Furman If it were my deal I would try to raise the rents a little maybe by making the tenants pay water & sewer. Like some type of way to lower expenses and add more value. Implementing a new lease that includes late fees and consequences for multiple times being late for rent immediately. Filling those move in ready units would be a priority. Lastly depending on the rehabs for the other units I would fix those too. Hopefully I helped you come up with a good idea!