Penny Wilkinson
Looking to sell a duplex but having trouble determining value
16 January 2025 | 15 replies
You could try to value it with the income approach, with NOI & DSCR, but that usually isn't done with smaller multifamily.You're going to have to extrapolate out farther and see where other smaller multifamilies have traded.
Shayan Sameer
Seeking Advice on Real Estate Investing Strategies
12 January 2025 | 6 replies
Again even if you have great credit as you start to add more credit cards, mortgages, auto loans to your credit you can also be viewed as "High risk" due to Excessive trade lines in credit or higher DTI - debt to income ratios.
Mickey Petersen
Socal Multifamily Flip
15 January 2025 | 11 replies
I traded up for a 7 unit apartment building.
Dominic Campelo
Newbie Looking to House Hack Possibly
8 January 2025 | 5 replies
I also have a $50k line of credit I can tap into when needed that will grow as I keep growing the business.Right now my rent is about $1700 where I've been staying for over a year, but really wanting to trade that for a mortgage and start building that equity.
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
To defer all of your gain, you'll want to trade up in value, replace all the debt (meaning new properties have at least $350,700 of debt), and not take any cash from the exchange (this is boot which = taxable gain).As for replacement property, it just has to be real property - meaning it can be commercial, STR, land, etc!
William Nast
Las Vegas Padshare
4 January 2025 | 0 replies
When I was 22 I had to move from my home town to Las Vegas in pursuit of HVAC trade school.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
Sure, they may be able to grow to a very moderate size, add a few units, or trade up to a larger investment, but as for real scalability: NO.Why?
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
The operator may trade off the longer term benefits to keep a high quality tenant in place.
Adam Michel
First Time Buyer - Off-Market Inheritance Deal
14 January 2025 | 2 replies
To answer your last question, my realtor has contractor contacts I should be able to leverage for rehab budget estimates, as well as family friends with experience in the construction trades.
Jacob Hrip
Book on estimating rehab costs
30 December 2024 | 4 replies
We have trades we use on jobs and know what they will charge which is often considerably less than what Joe Homeowner would pay for the same job . . . the trades know we will be using them again and again.