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Results (10,000+)
Kate Stoltzfus What to do when a tenant wants out in the first month?
29 September 2016 | 20 replies
They accepted and moved out.  
Kyle Murphy Out of State Investing & Lending Before Hiatus?
14 October 2016 | 22 replies
My Offer was accepted and I financed two of them by the owner at 9% with $10,000 down because No Money Down Deals were too hard to find and work out.
Jonatas Silva FIRST TIMER FLIPPER
27 September 2016 | 3 replies
My concern is if I'm doing a  house and then they accept the offer and then I got two property in my hands. 
Michael Abate Found a property but the numbers don't seem right
3 October 2016 | 20 replies
Some advice would be really helpful here and time is short here since they may accept the other offers before mine.
Melissa M. Wholesaling from the MLS, making offers to a realtor
27 September 2016 | 1 reply
Hi everyone,If I get an offer accepted that is listed with a realtor, do I have to then do a double close? 
Priscilla Davenport Should I give my ill tenant a 30 day notice to quit?
30 September 2016 | 10 replies
If she doesn't accept, move her out.People will tug your heart strings.
Ryland Taniguchi How I Negotiate Deals On The MLS In Seattle
30 September 2016 | 5 replies
I get an architect site visit and sketches within 48-hours of getting an offer accepted.
Michael Young MLS Find
29 September 2016 | 4 replies
What is the likelihood of an accepted offer at that much of a discount?
Mitchell Ferraro Market Cap Rate
3 October 2016 | 22 replies
I accept a below market rate for above average tenants. 
Nick B. Stretch your proforma till it snaps!!!
29 September 2016 | 11 replies
What I keep finding out is that my target price is always at least 20% below seller's asking price.Here are my rules/metrics:total economic loss after property is stable is 12% (15% in lower quality areas)incremental rent growth after the property is stable is 2%expenses grow by 2%/yearproperty tax is 90% of the purchase price multiplied by a local tax rate (usually doubles tax from whatever seller pays)payroll $1000-1200/unit regardless of the property size (brokers claim that 30-units don't need payroll but I don't believe them :-) )reserves of $300/unit counted in expensesexit cap rate is 100 basis points higher than current cap rate (e.g. exit at 8% if current cap rate is 7%)cash-on-cash ROI 10%+ starting in the second year; first year may be lower if this is a value-add5 years total ROI (assuming sale) is at least 100%IRR 15%+ over 5 years (al ROIs are net to investors after 20% sponsor override)I can adjust may metrics to some degree but in order for me to get to the seller's acceptable price I have to adjust most or all of them to unsustainable levels.So, what should I do other than keep underwriting and waiting until the market turns down and all of a sudden my numbers would make sense for a seller?