You have to have a plan that shows specific numbers as goals or milestones to be reached so that their performance effects applicable funds injection that will in fact create the real building blocks necessary to get you the Multi-unit-building you envision to own someday.

I'm hoping for your feedback with the intention of discovering and validating some of your common pain points (if any at all) in dealing with current technologies.

You will get some road blocks along the way, but just keep at it.

Hi Tim,I think the opportunity lays on his pain point "has not had good experiences with tenants" maybe if you offer security an assurance in this area he will go for it.It think this would work on me and more so if it was written on paper.

it pains me to handle tenant issues when im trying to run my other family business (real estate investing is my side business)...of the 5 properties, 4 are rented. 

When it came time to actually buy the property we ran into a road block.

You want to make sure they're completely familiar with the entire process, because the underwriting is a major pain.

Being how things are i feel like i can only get half the deal because the half that matters( getting paid) is turning out to be a huge pain in the a##.

Hey BP'ers!  I've been listening to the podcasts for about 2 months now and it has provided me with the wealth of knowledge I needed to get my bearings in this crazy world of real estate investing. I've seen Real Esta...

Hi all,I'm still scouting for my first deal, and I came across a commercial multifamily (7 units + 2 stores) that is out of state (NY, I'm in CA) that looks promising.The basic numbers are:Asking price:  300kCurrently leased, bringing in 74k per yearTaxes:  8,600, but assuming 10k.I'm assuming this needs to be a commercial loan, which brings me to my first road-block - my down payment ability is limited to about 30k (I have an IRA with 60k in it that I can borrow up to 50% of).What sort of things should I be on the lookout for with this type of property (assuming I'm able to surmount the down-payment problem)?