
7 November 2024 | 3 replies
Company seems legit from what I can find online, but I can't seem to find any specific MTR landlord feedback on working with them.

30 October 2024 | 1 reply
I am looking to buy another property and I have the opportunity to work with a cash provider that is willing to put down a significant percentage of the money so we can buy the property with cash.
4 November 2024 | 11 replies
This is is a very good area and would actually live in 1 unit, so 3-4k negative cash flow for living expenses is ok, as any house w mortgage would cost that.https://docs.google.com/spreadsheets/d/1tfbjOlyVsGW3nHLVPk_R...Key questions/assumptions:- Total for this deal in cash is 300k, anything else (reserves, renovation loan etc) would need to be a bridge loan or hard money- 1 unit is vacant and current rents are VERY under market, projected rent is what seller gave as realistic.

7 November 2024 | 15 replies
The alternative I see as a work around but full disclosure I am not a lawyer is giving tenants notice to vacate and then listing the property with no active tenants or have tenants sign off that they are not interested in buying the building and list right away. 99% of tenants are not capable of being buyers so who knows how often this ordinance will actually be used.

8 November 2024 | 3 replies
The bigger challenger with this arrangement is finding contractors that have the financial wherewithal and general professionalism to submit true invoices for work completed and willing to let it sit out there for sometimes 2-4 weeks until the draw comes in to be paid.

31 October 2024 | 0 replies
Purchase price: $250,000 Cash invested: $250,000 Sale price: $420,000 2bd/1.5ba townhome What made you interested in investing in this type of deal?

8 November 2024 | 6 replies
While I realize that if a person really wants to find out who owns the LLC, they ultimately can with some personal effort or potentially the courts, I didn’t want people to be able to easily look up that information online (ie a simple Google search).
3 November 2024 | 0 replies
How did you find this deal and how did you negotiate it?

6 November 2024 | 6 replies
If it's suburban, then the community room would be a good alternative to making it an amenity that brings in some cash to offset its expenses.

2 November 2024 | 11 replies
This would be assuming you find a good deal where you can drive a lot of value through the rehab process.