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3 August 2018 | 10 replies
@Bradley LaBrie I do think you can have one furnace run two units and each have their own thermostat, but the billing would be the difficult part.
7 August 2018 | 8 replies
There is definitely money to be made in those areas, but could be difficult finding good tenants.
28 October 2018 | 4 replies
Sourcing those properties though can be difficult.
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3 August 2018 | 23 replies
I am buying a 34 acre tract in Oregon closing in Dec.. for 7.4 million cash / well I am getting some financing of course.. but the owner bought it 40 years or so ago.. for probably less than 50k.. no need to be a developer its one and done for him we are peeling off 5 acres for senior living I have it pre sold for 2.2 million cash.. and then I will build 90 homes on the balance of it.. but it makes sense our MAI came back and lots are worth 140k each .. but we have to pay 30k each to develop those of course but still nice margin just on the dirt.. and then we go vertical and make some really big money..
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3 August 2018 | 3 replies
You have to find a portfolio lender that's willing to warehouse (or lend their balance sheet) your loan.
4 August 2018 | 3 replies
Also, with the BRRRR you can find a balance where you still have some cashflow, but also pull enough cash to do another deal
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15 August 2018 | 117 replies
The court almost treated it like a latent defect and said the buyer had a right to know there was a situation with the house that would make selling it at a later date extremely difficult.
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5 August 2018 | 49 replies
Rent Roll, Tenant Ledger, Even Bank Statement) it would show that there is a growing balance (the late fees) or the deposit being made after the due date which should have raised a flag.Unless no reports were sent (unacceptable) or there were not reviewed (also unacceptable), warning signs were visable after 2 or 3 months.Oren
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5 August 2018 | 48 replies
It's also difficult to calculate because this will be spread across multiple properties because I will use this same money on other deals.
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13 September 2018 | 13 replies
Thanks, we are considering a multifamily but it is difficult to find one in our market for the right price.