Vidit Maini
Cracks Appearing in Condo – Normal wear and tear OR Structural Concern?
20 January 2025 | 1 reply
Hello Friends,I own a 1982-built ground-level condo (one unit above, one below).
Chris Magistrado
Remote Flipping, is it possible?
20 January 2025 | 4 replies
She wants to learn if it's possible to flip in the United States, remotely, and what that would look like.
Dan Audino
Intro Post - Chicago Commercial Property Manager
11 January 2025 | 9 replies
For path #2, you mean purchase & renovate a 3-5 unit building right?
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Shay D'Amore
Would this plan work?
11 January 2025 | 3 replies
You may also want to consider purchasing multi-unit properties and live in one of the units.
Caroline C.
Florida condo board question - help for a non-board owner
19 January 2025 | 0 replies
My husband and I own a rental unit in a condo building in Jacksonville, FL.
Skip A Schenker
Mixed Use Multi Family Gut, Buy and Hold
16 January 2025 | 0 replies
Investment Info:Large multi-family (5+ units) buy & hold investment.
Casey Wilson
Advice on strong Detroit Metro areas for rental property investing
17 January 2025 | 5 replies
. - You can get more units in the City of Detroit, but you will need to understand the City's demographics or you'll get taken advantage of.City of Detroit has 183+ residential Neighborhoods.
Marc Shin
STR soap and toilet paper
19 December 2024 | 28 replies
I have a special fondness for I-found-a-pile-of-gold-in-a-crapshack-basement-help-me-invest posts.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
For example, if I purchase a site entitled to 100 dwelling units under a newly formed holding company and the only thing linking me to it is a shared PO box mailing address on the holding entity, the lender gets alerted.