Kedric Naylor
Newbie real estate investor here
27 January 2025 | 15 replies
However, can you provide more information/details regarding your first townhome deal in Gainesville, especially the numbers?
Bianca Rodrigues
Partial Seller Financing Question
15 January 2025 | 6 replies
Please post more details once you meet, and good luck!
Kristen Swan
Asking Tenants for further information after being approved. ( I'm the Tenant )
20 January 2025 | 1 reply
He was a really nice guy, but didn’t seem to know many of the details regarding fees.
Ian Cruz
Using 1031 Exchange Funds to add an ADU to a property
26 January 2025 | 2 replies
Can you please share your CPA and Prefab ADU company details?
Rosmery Then
Seeking Advice and Contractor Recommendations for a Fort Lauderdale Multifamily Conve
23 January 2025 | 8 replies
A good designer and architect are key for a successful project like this and keep in mind these aren't cheap.There's a lot more details to consider, feel free to DM me for more details.
Asseille Odel
New in real estate
26 January 2025 | 4 replies
May I reach out to you privately for more details?
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
19 January 2025 | 8 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Tarek Israwi
Creative ideas for vacant land in kern county CA
25 January 2025 | 2 replies
The devil is in the details.
Shaun Ortiz
How Do You Evaluate Distressed Properties from a Distance?
27 January 2025 | 1 reply
For on the ground evaluations, I rely on local contacts: agents, contractors, or even property inspectors to provide walkthrough videos and detailed feedback.
Olga Daisel
Advice on investment type
23 January 2025 | 5 replies
Quote from @Olga Daisel: @Randall AlanI agree with Randall on getting more details, $7K gross a unit btw is a great gross income.