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3 February 2025 | 5 replies
I am assuming that even if you strucutred it with a higher purchase price (85% of value) and pre-paid rent it would potentially still be frowned upon.
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27 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $129,000 20-unit hotel, was abandoned and had sat on the market for 3 years.
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10 February 2025 | 24 replies
Looking at making a purchase of a 3 family, was curious if anyone knew the section 8 process.
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8 February 2025 | 42 replies
@Kaleb JohnsonRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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26 January 2025 | 5 replies
If not, I most definitely would reach out to the tenant, introduce myself and ask if they are going to be out by the 31st or the 1st, I would communicate to the tenant as if I know they were told they are expected to leave, otherwise you may find they "do not know" they need to leave even if they actually know they need to leave....In the case they claim they are not aware they need to leave, you would need to follow the laws in the state you purchased the property, usually you can find that info on the states judicial branch or speak with a landlord tenant attorney.
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22 January 2025 | 4 replies
Quote from @Holly Radice: I am looking into purchasing a 4 unit in Ohio as my first property.
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24 January 2025 | 1 reply
Purchase price: $70,000 This was a 3 bed 1 bath that I paid for.
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12 January 2025 | 6 replies
Square footage is roughly 1600 sqft.Could use minor cosmetic rehab on the outside to make it look pretty, inside is brand new however.
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22 January 2025 | 3 replies
How to track potential growth in an area to see if a lot is viable for purchase and building spec homes on etc.
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22 January 2025 | 7 replies
I don't know if this is for you, but my husband and I have mentored quite a few investors in Canada and helped them purchase their own multifamily.