Seth Deitchman
New member in GA - Interest in Tax Liens & Deeds
7 September 2018 | 13 replies
What do you find the top 4 biggest challenges with buying properties at tax auctions?
Elizabeth D.
What is considered 'reasonable notice' to show house with tenant?
28 July 2018 | 8 replies
proper notice to enter is usually defined by the state as 24 hours notice. some states require 48. that is your starting point. that being said, coming through with a high amount of showings can be considered as disrupting the tenants right to peaceful enjoyment of their home. if you plan on coming through with one or two, you should be ok (legally) to give tenant prior written notice and come in regardless of their objections. if you think it may take multiple showings, you are likely better off to work with the tenant to set up a block of time for an open house. in extreme situations, you can consider offering a gift card to a local restaurant or movie theater to get them out. the tricky part is striking a balance between what is legal, entering with proper notice, and what is fair and reasonable, since the tenant can purposely leave the house an extreme mess to make it harder to re-rent, badmouth you to potential renters, and may even try to refuse entry. how you approach will depend on your relationship with tenant.
Alison Crawford
The calculations seem so out of whack...what am I doing wrong???
31 July 2018 | 15 replies
.- 3-4 units still puts you in the residential category- 5 or more units is commercial residential and most lenders will expect you to have experience and will generally have more restrictions on the lending process- A 10+ cap rate in the Boston area will be extremely challenging to find unless you are planning on a massive value add or redevelopment- No idea what your personal financial situation, but a 3 family in Worcester versus a 20 unit requires a very different upfront financial commitment.
Jordan Gilberti
Looking to start a real estate investment portfolio?
27 July 2018 | 1 reply
Too many people enter this industry without a plan...they get caught up in buzz terms like BRRRR (which is not a viable long-term strategy either, by the way)...I'd personally be interested in your approach to helping investors realize how their investments are actually performing...and direction about strategies you have seen work to generate wealth.
Matt Harmon
Any El Paso, Texas Multi-Family investors
16 December 2018 | 19 replies
I am out of state (in the navy) but looking to find a few partners and MF realtors (it has been a challenge).
Steve Maginnis
Google keywords for property management companies.
23 October 2018 | 9 replies
I am definitely intrigued by the approach, and would certainly run an additional campaign to try it.
Michael Thoma
Anyone get close to the 2% rule renting 2-4 multifamilies in HTX?
27 July 2018 | 1 reply
Not really...I've had trouble finding it...I am trying to find deals that offer at least 10% cash on cash returns and it's a challenge
Michael Wentzel
Buying an apartment complex with an assignment of contract?
1 August 2018 | 10 replies
They were either too expensive or located in a challenging neighborhood.Then last week I received an email from an investor selling an apartment complex.
Brandon Knudtson
Possible seller financing deal
8 August 2018 | 5 replies
Generally a bank will not go by the income approach on a 1-4 unit (there are exceptions) so you are counting on the market going up to get a higher appraisal.
Michael Hooper
Quit Claim to My LLC / Who Pays Mortgage?
27 August 2018 | 14 replies
I have a hard time believing that any one would waste time over challenging intent over 1% interest.