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20 April 2024 | 100 replies
The debate can be summarized as: For smaller properties trailing financials have many reasons to be wonky, but many believe it is a good signal of transparency and (as @Ben Leybovich points out) this higher variance is exactly why due diligence on the leases can be more important for smaller properties.Line between "commercial" and "residential" seems to be driven mainly by number of units (i.e. is it eligible for FHA loan), even though many commercial banks will underwrite loans on residential properties with fewer than 5 units (especially at larger loan sizes).Is 7809-7815 Franklin a hot deal?
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17 April 2024 | 17 replies
Nobody but us enjoys it, and it results in one of the two bad outcomes: either we confuse the heck out of investors, or they run away with a dangerous simplistic conclusion that Brandon/Michael/Ted/whoever else said Yes/No - when very rarely these debates have a yes-no conclusion.
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16 April 2024 | 2 replies
I have a 5/2.5 house that is close to Tyndall and was debating on renting to single family or possibly renting out rooms individually to single enlisted members(almost like college housing).
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21 April 2024 | 240 replies
Kudos if you really do that.No need to turn this into a debate, messages are out there for everyone to read and decide themselves.
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16 April 2024 | 13 replies
PS - and how you determine that is also a subject of some debate.
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14 April 2024 | 28 replies
I am debating adding an actual rough offer into my letters, as I think sometimes calling or writing and essentially asking if they have considered selling almost always gets a no because the owner assumes you will lowball them, like most other investors.
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12 April 2024 | 36 replies
I'm debating whether it is better to start in state vs out of state.Would love y'alls thoughts!
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12 April 2024 | 5 replies
We’re debating whether having two smaller bathrooms would be more beneficial than one larger remodeled bathroom, ultimately deciding between a 3 bed 3 bath setup or a 3 bed 2 bath setup (current).
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11 April 2024 | 9 replies
It is created for legal protection, and its effectiveness for legal protection is hotly debated.
10 April 2024 | 16 replies
Hi all, this is my first post on any forum! I’m a new investor based in Chicago, but willing to relocate to nearly any city in the Midwest. My long-term goal (10-15 years) is to own cash-flowing 20 door+ multifamily p...