Guillermo P Manso
I need advice and estimate costs
26 December 2024 | 7 replies
Subtract more for AirBnB charges, local management, repairs, cleaning, etc and there is not a lot left to pay the mortgage.
Steven Catudal
Partnership split help
18 January 2025 | 10 replies
I would say that the value he brings is finding the deals, doing an initial diligence, having a local team set up for renovations/repairs/property management as well as knowledge of the neighborhood.
Donald DiBuono
Creative Finance Deal Need Advice!
9 January 2025 | 4 replies
If we rent to own, they are OK, but we cant refinance because we don't have the deed.Are there any unique scenarios to help us get the property for little money out of pocket, we have the ability to have the deedSign a lease agreement with a purchase option that allows you to buy the property at an agreed price at the end of the lease term, consider establishing a partnership with the seller to jointly invest in property repairs and improvements.
Robert C Scott
Rob Scott Neophyte Rental Investor
28 December 2024 | 1 reply
I'm at least moderately skilled in repairing them.
Sophanara Khoeun
New to Investing: Repairman? & Hire or Not to Hire a Property Management Company
27 December 2024 | 9 replies
@Sophanara Khoeun For significant repairs like foundational issues, plumbing, and electrical updates, hire specialists (e.g., structural engineers, plumbers) for precision, or a general contractor for coordination if the scope is broad.
Richard Goore
First multi-family Purchase
30 December 2024 | 1 reply
I am hopeful they will want to work with me to get things repaired and updated to validate appropriate rent increases.
LaTonya Clark
Did it again
25 December 2024 | 6 replies
Amortize your major repairs (roof, hvac, built in appliances) and add an estimate for small maintenance.This feels not terrible to me.
Reid Ervin
Partnering with an Investor to Purchase Off-Market Portfolio via Seller Financing
7 January 2025 | 2 replies
., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
I do pay him part of the contractor fee upfront (even though I'm buying the materials) because he has to pay his crew promptly and I want him to have the funds to do that so I'm not running to the bank.
Lutfiya Mosley
The Multifamily Mindset program. Biggest regret of so many people. Is it a scam?
18 January 2025 | 34 replies
Three men started this and if you read the lawsuit it should prompt you to steer clear of all of them.