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8 September 2016 | 7 replies
I am currently a commercial Superintentdent building mostly large box retail from 100,000 - 1,000,000 SF projects nationwideI have extensive construction experience but little rental experience.
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21 March 2017 | 18 replies
We've been laying the groundwork for a move to a larger property via running these 22 (soon to be 23) units successfully on our own, and by participating in syndications as passive investors where we learn at the feet of investors much more experienced in large multi-family projects.
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7 September 2016 | 5 replies
Alex Sanchez , Nino Alfano is a GC in the west suburbs that handles both cosmetic and large gut rehab projects.
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5 September 2016 | 2 replies
The two main issue with the property are large cracks in the brick basement walls and foundation issues both from settling.
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6 September 2016 | 6 replies
Are there any local websites that folks are using in Houston to advertise or more improbably get responses on their rentals?
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7 September 2016 | 21 replies
I work with a large group of investors in the valley that have a lot of experience that can get you going in the best direction.
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11 September 2016 | 7 replies
@Jynell Berkshire is excellent!
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6 September 2016 | 4 replies
I think it's wise to spend some time seriously digging into the podcasts, books and the website to really drill down your niche and your approach.
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31 October 2016 | 6 replies
. $804.03 PITI $41.67 Sewer bill $146.50 Property Management (self) $146.50 Cap Ex $73.25 Vacancy Rate+$58.60 Utility/Misc$1,270.55- NOI-$1,465- monthly rent$194.45 Net Profit Income per month x 12 months = $2,333.40 Annual Net Profit IncomeTotal Deal Appreciation: $14,000- (38.25%) ARV was $101,000 Depreciation: $2,345.45- (6.3%) Amortization: $984.58- (2.68%) 1st year loan pay down Cash Flow: $2,333.40- (6.64%)*Property Management: $1,758- (5%) I self managehad script issues with bp website, could not rotate pics.
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9 September 2016 | 8 replies
Coincidentally I have someone who is experienced in large MFR's who could walk me through my first deal when I am ready.