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12 June 2024 | 12 replies
Looking to build a team to manage our apartment complex in Dallas remotely.
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12 June 2024 | 7 replies
Building Details:- 2 on bottom 2 on top - 3/1.5 ba 1100sqft - 7 yr roof - prob $35k - 50k total work/updates to make awesome.- Neighborhood ~ C- but a C- area here doesn't mean too much, smallish town ~ only about 50k peoplePurchase Price: $660,000Appraised Value at Purchase: $730,000Interest Rate: 6.625% - 30 year fixedDown Payment: 10% / $66,000Cost to Make Rent Ready: $14,000P&I - $3803 T&I - $898Total PITI - $4701/moCapEx, Vacancy, Maintenance - $1099/moTotal Monthly Costs - $5800/moCurrent Rents - $3800 (3 units)Fair Rents ~ $5000 but will likely only charge ~ $4500 to start.
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12 June 2024 | 9 replies
What are the ways to reduce putting down payment amount less than 25% for multifamily buildings with 6+ units?
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14 June 2024 | 13 replies
My background is in build software, when my last company sold I got into real estate and didn't like the options.I'd love to hear about exactly what you are looking for, even if you don't use our product.DM me here if you are interested.
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12 June 2024 | 16 replies
The title company says it would need a satisfactory quiet title action and a couple of other factors that would be part of the QTA.I certainly can't be the first person to attempt to clear a title in New York and would love to get input from someone who has done so.Thanks in advance...
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12 June 2024 | 16 replies
Agree with Kyle above, so you need to throw out gender, pregnancy, familial status, etc (just don't even consider it, mention it, or factor it into your screening in any way) then go back to your criteria and see if you have a qualified applicant.
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10 June 2024 | 4 replies
At the point you're looking to rent it, consider all the factors necessary for investment.
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12 June 2024 | 57 replies
I know cost is a factor but think about overall functionality and does it do the 7-10 things you really need?
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11 June 2024 | 11 replies
I will have one apt from time to time with a Section 8 person but I would never operate a Section 8 building.
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12 June 2024 | 4 replies
I am looking for suggestions on how to host these on a platform using AI and other new technology to help people match with a lender or build a list of investors for multi family, self storage, assisted living, short term rentals, mobile home parks, new construction etc.