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4 March 2017 | 2 replies
I contacted a seller off market and am going to make an offer directly to him for all 3 duplexes. He was originally planning to sell this spring with realtors but I approached him before he had them listed.
I calcula...
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7 March 2017 | 15 replies
@Derrick Wallace multifamily basics are very similar to any other real estate basics:You make your money when you buy - value add play and below market prices will help reduce the risk.
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6 March 2017 | 14 replies
. $100K in equity valued at 10% is worth $833/month and is therefor reducing the cash flow from the property by $833/month.
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6 March 2017 | 4 replies
In that effort, hopefully, you can reduce expenses and enlarge your income.
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6 March 2017 | 2 replies
I would low ball the bank as they have already reduced the price once and it has been on the market a long time.199 Commack Rd, Deer Park, NY 11729
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7 March 2017 | 4 replies
Makes things so much better when everyone understands and agrees, and significantly reduces liabilities...
9 March 2017 | 9 replies
The reality is that due to the high opportunity value of cash equity in a rental property reduces cash flow to the tune of approximately $833/month/100K in equity.
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7 March 2017 | 4 replies
True, but wouldn't the increased cost reduce potential tenants?
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13 March 2017 | 16 replies
This is amplified by the reduced income from you occupying one unit.
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7 March 2017 | 4 replies
The $25k is reduced by 50% of the amount MAGI exceeds $100,000.