Jeremy Beland
How a 3-Year Real Estate Nightmare Turned into a $300k Profit
8 October 2024 | 8 replies
I vetted a few companies and hired one that seemed like the best fit.This is where the real trouble began.The first tenant they placed fell behind on rent by the second month.
Deshen Tang
Invest in triplex, quadplex , self manage or invest in apartment syndication deal?
9 October 2024 | 14 replies
My guess is you and I agree that in the "mom and pop" space (1 to around 50 units) there are deals to be found regardless of timing.What @Deshen Tang is referring to in his comment here is my decision to sell 3,000 of my 4,000 apartment units 3 years ago, just months before the market for commercial multifamily collapsed and prices fell 30-40 percent.
Nate Pucel
Questions about possible eviction
6 October 2024 | 7 replies
The roof had to be repaired bc a tree fell on it during a storm and the roofing contractor's tarp blew off during another storm and that's how water got in, which the tenant has acknowledged.
Dayana Castellon
Airbnb Host and short term rental
5 October 2024 | 15 replies
"We are sorry your check in experience fell short of your expectations.
Jose Garcia
NY/CT market open to expanding.
4 October 2024 | 4 replies
I’m reaching out as I’m looking to venture into the real estate investment world—something I’ve always wanted to do, and now I’m determined to take action.Last year, I found the perfect multi-family house, but it fell through at the last minute, leading me to jump into a single-family home.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
So I basically buy move in ready deals that fell through on financing, frustrated seller, make them a quick no-contingency offer and close at their original date (or close to) - best I can do right now.
Pete Tarin
Cash out Refi on Personal home or save up cash for 1st rental property
3 October 2024 | 4 replies
While mortgage rates have already fell by over 1.00% since August its a great time to do a cash out refinance.
Ed O.
Another post on Rates. Where I'm at & Where are you at?
1 October 2024 | 4 replies
When the 5 year treasury fell too far, the bank doing this told me they were at the floor.
Ian Stuart
Freddie Mac SBL & Fannie Mae Small Loan Financing - Multifamily Apartments
4 October 2024 | 10 replies
They want to ensure that the property NOI is amply covering your debt service, and therefore able to cover the yield on the mortgage bond / MBS.As a quick example, let's assume that your property NOI fell significantly, because you decided to simultaneously renovate 25% of the units all at once (taking them offline, and causing NOI to sharply fall for 2-3 months).
Christopher Pride
Analyzing a multifamily deal...does this make sense?
1 October 2024 | 8 replies
Realtor says another deal fell through because it didn't fit their needs for an event location.We'd be coming in with 20% and look at about $10k in initial improvements.