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22 January 2025 | 4 replies
Quote from @Holly Radice: I am looking into purchasing a 4 unit in Ohio as my first property.
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26 January 2025 | 0 replies
Purchase price: $110,000 Cash invested: $45,000 Recently purchased my first house to use as a primary residence, currently I am renovating the kitchen and adding a full bathroom to the first floor.
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28 January 2025 | 12 replies
If you are looking to just calculate profitability, set how much profit you want to make then:ARV - Purchase Costs - Holding Costs - Selling Costs - Desired Profit - Rehab Budget (including contingency) = Maximum Allowable OfferIF you cannot calculate those numbers, a spreadsheet isn't going to help you.
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23 January 2025 | 3 replies
Quote from @Jacob Campbell: Hello - After listening to the podcast, I've made a commitment to purchase a rental property by the end of Q2 this year (ideally by the end of Q1).
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21 January 2025 | 11 replies
Was that purchase money, rate and term refi, or cash out refi?
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31 January 2025 | 23 replies
I wanted to see if anyone is familiar with or can recommend paid mentorship programs or coaches for small multifamily unit investing (2-4 units).In my research, I’ve found that most mentorship programs or resources I come across are geared toward large syndication apartment building purchases or other types of investments, such as short-term rentals, medium-term rentals, single-family homes, Section 8, or fix-and-flip projects.
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30 January 2025 | 7 replies
@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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6 February 2025 | 2 replies
Looking to purchase in NV with current paystubs because income is a bit tight with returns.
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29 January 2025 | 3 replies
I just purchased my first duplex (only SFHs in my portfolio so far) and it doesn't have the gas/water split.
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25 January 2025 | 0 replies
Purchase price: $3,636,000 Cash invested: $700,000 This is a brand new 40 home build to rent manufactured housing community.