Pamela Morrison
Time to pull the plug on a duplex contract???
5 March 2019 | 2 replies
And then you can start implementing measures to ensure your tenants pay you and don't damage your property.Good luck!
Chris Seveney
Note Investing - What's Your Biggest Fear
15 March 2019 | 31 replies
I usually try to get opinions from two attorneys for State foreclosure laws and two realtors for CMA’s to ensure the investment has a reliable collateral on it to cover the investment with good returns.
Steve Noel
Resort - Vacation Rental 'Condo' style
4 March 2019 | 0 replies
This also apparently is a 'commercial loan' , with 20% down, 25 year loan, and ARM with refinancing every 5 years.I've been given data on income/expenses over the last 3 years for this particular unit, along with data from our lender.
Nikolay Voronovich
Need a property manager in Baltimore.
9 March 2019 | 6 replies
You essentially need to set up a team that can work together and cross-check each other to ensure you're buying smart.
John Golden
Alabama real estate community
5 March 2019 | 6 replies
Focus on the expenses and the cash flow based on actual data (or as close as you can get) and let all the other benefits of REI be icing on the cake.Wholesaling is a world unto itself, but for buy and holds, I always recommend that investors (esp new ones) focus on B/B+ areas where folks like nurses and teachers and skilled laborers work, places regular folks want to raise families etc.
Eric Skiba
When to know it’s time to remove a tenant
5 March 2019 | 3 replies
I feel like this is one of those “what you feel is right, is right” moments, and I have been increasingly feeling like it’s time to say see ya, but the data doesn’t besides this one month.
Sinikka Lisbe Rohrer
New & Nervous - Searching For a Duplex To Buy & Rent
5 March 2019 | 2 replies
I've learned a lot about buying / renting out a duplex and hopefully one day owning a large rental properties, so I know this is how I want to invest my money to ensure that a passive income stream is coming back to my family from real estate but I don't actually know how to make my first duplex purchase.
Franklin Marte
Is it worth it to buy a cheap Class “C” building and renovate?
6 March 2019 | 17 replies
I would recommend educating yourself on underwriting multifamily properties so that you can ensure that you get a good entry price and I would also encourage you to plan the renovation business plan carefully as this is the area that carries the most risk.
Zak Boca
New to commercial real estate; looking for advice
8 March 2019 | 15 replies
Then they might break down more, Industrial for example - R&D, Data Centers, Distribution Centers, Manufacturing (all types), Cold Storage, Storage, Hazmat Storage, etc.
Account Closed
Finding Deals: An AVM for Multifamily
7 March 2019 | 3 replies
Hello,I'm wondering if people 1) use Automated Valuation Models (AVM) in the small-medium size mulitfamily space to spot under-valued properties by comparing the AVM price (the predicted appraisal value) to the list price (or the price you think you could reasonably buy the property at) and buying at a large difference (e.g. the Zillow Zestimate or Enodo: https://www.enodoinc.com/e-valuation.html) and 2) use any software to make a data-backed prediction of the ROI of various repairs for a BRRR approach (e.g.