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8 June 2024 | 8 replies
There was a new thermostat and old unit.
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7 June 2024 | 4 replies
At this stage, I believe the 2-4 unit multifamily properties are most likely most ideal.
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8 June 2024 | 4 replies
was wondering if anyone had this experience or insight on credit history.Met with a potential tenant for a class B-C type apartment I own and interview went very well, she asked a lot of questions about the unit and how things were run and who to call for utilities and Etc etc..
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7 June 2024 | 24 replies
#BPCon2023 Attendees - We’re hosting a casual meetup near the conference venue before the kick off party.This meetup is open for real estate investors of ALL levels: whether you are thinking about getting your first property or have been investing in years!
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7 June 2024 | 15 replies
UPFRONT fee's there should be no upfront fees IE commitment fee etc those are dead give aways unless these are LARGE commercial loans up front DD fees are very common with those loans but not with fix flip and rental loans at this level.7.
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5 June 2024 | 8 replies
Tommy Parker how many units do you manage with inago.com I am considering starting with them and getting rid of QuickBooks online which is nothing but trouble.
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5 June 2024 | 5 replies
Hey David, I would say this largely depends on how many units you have, the age of the building, and the quality of the building/neighborhood.
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7 June 2024 | 4 replies
I recently completed a rehab on a little unit.
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7 June 2024 | 4 replies
that's only $300 a year per unit.
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7 June 2024 | 9 replies
G'Day guys,Lately, I've been super duper pissed off with our investors that I decided to keep all of the deals for myself 🤷♂️I've always preached that there is not a single deal that we sell that I wouldn't be willing to keep for myself.So there's that lolJust picked up a 6 unit which us humble Ohio folk would consider an A class area (Sorry East and West Coasts as our A class is your Z Class lol)$160,000 purchase price$50,000 rehabCurrent rents are $3,000 per monthOptimized rents will be $4,000 per month.BPO before purchase $220,000 - $250,000ARV $350,000ARV with interest rates at 6% potentially $400,000+Cashflow = S#%$ load $$$Granted, it took 4 months to get the contract signed and we had to go to McDonalds 4 times to meet with the seller so sign each page individually single time lolYep, it was one of those.All in all, great deal and they are definitely out there.Working on another one now that will be converted into a duplex and is located in a top notch school district.Somehow picked this one up for $20,000 and needs $45,000 in rehab.ARV is $110,000 conservatively Combined rents will be $1,300pm.Ohhh yeah, almost forgot.Also, picked up a SFH from a wholesaler believe it or not for $20,000 that after inspection needs around $15,000 in rehab.ARV all day long is $80,000.Says WHO there aren't any good deals???