10 June 2024 | 2 replies
I have 63 units under contract for 4.2M. The property is extremely mismanaged and the tenants are quite undesirable. 20 of the units are affordable housing tenants and 5 of them are on a master lease with this company...
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12 June 2024 | 20 replies
First off I use the BRRRR strategy and have done very well with it.
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11 June 2024 | 6 replies
If there is a better strategy, please also comment.
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11 June 2024 | 0 replies
The type of business engagement and the level of interest in the counterparty or its assets influence the goals of a due diligence inquiry.For instance, a cordial agreement between a potential buyer and an experienced seller could provide the groundwork for a long-term alliance, whereas a hostile asset sale during bankruptcy would call for a different strategy.
11 June 2024 | 2 replies
You'll like also need reserves of at least 6-12 months worth of PITI (principal, interest, taxes and insurance.) 5+ units can require more down, but 25%-35% is common.
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10 June 2024 | 22 replies
You hardly build any equity in your first year, it makes sense to refi only if the rate is substantially lower or if you can get rid of mortgage insurance.
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11 June 2024 | 7 replies
What would yall recommend to be the best strategy to entering real estate at my age.
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11 June 2024 | 46 replies
1) Here's one neighborhood level strategy.
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12 June 2024 | 24 replies
I thought that sounded like a great way to go and applied his strategy using Excel progs. to track my progress.
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8 June 2024 | 37 replies
What strategies have you used successfully in the past year to aquire a cash flowing property?