
28 January 2025 | 8 replies
My assumption is that this means that in order to raise 50 million as a security, the fee for said shares would be just 7500 dollars.

11 February 2025 | 9 replies
Yes you have to pay but few dollars per transaction is a small price to pay for the ease and convenience

20 February 2025 | 12 replies
You have larger loan buy downs and the appreciation dollar amount is higher.

21 February 2025 | 12 replies
In 12/12/2024 Versity is being sued in a 56 million dollar lawsuit against them.Here is a summary:https://casetext.com/case/khca-funding-llc-v-versity-invest-...Blake Wettengel, associated with Versity Invest, LLC, has been implicated in a lawsuit filed by KHCA Funding LLC and Knights Hill Ireland II DAC.

30 January 2025 | 8 replies
It will save you tens of thousands of dollars if not hundreds of thousands of dollars. 3.

6 February 2025 | 5 replies
Hi all investor here with a sfh property in Oklahoma, I have been having ongoing plumbing issues almost every week with toilet clogs etc since last year, and recently they had to repair the sewer lines and had to excavate the backyard and living room floors costed me tens of thousands of dollars.

30 January 2025 | 13 replies
It's a million-dollar property.

10 February 2025 | 16 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

9 February 2025 | 36 replies
Brian Burke has acquired over half a billion dollars’ worth of real estate over a 30-year career, including thousands of multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself.

5 February 2025 | 6 replies
In other words, I think we will probably have to be on the hunt for a very good deal or a very distressed property, and will not be investing in million-dollar multifamily properties... yet!