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28 September 2018 | 2 replies
Any additional info they mail to me or drop it off at the rental.
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16 January 2019 | 18 replies
I focus mainly on fix and flip type deals, but do a small amount of wholesaling also in addition to some new construction and buy and hold.
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28 September 2018 | 1 reply
I have been actively seeking another rental in the area, but all my offers keep coming up short and would like to network and maybe work with a local flipper on a property to gain additional experience.
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29 September 2018 | 10 replies
My thought now is to possibly recoup the funds, I close on an additional deal this coming Friday that will have similar numbers, and attempt to find a proper BRRR multi family before years end.
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2 October 2018 | 3 replies
If the property has two units and both units are occupied, then a new owner can offer cash for keys (the easiest method) OR evict the newest tenant (or the tenant who is not over 62 or disabled and there are additional rules - check the RSO handbook) to move into the unit.
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3 October 2018 | 4 replies
There are many additions that you could research around the web but for free and with an eye on local use Its great: http://my.mnbar.org/residentialrealpropertyforms/viewdocument/rpf41-minnesota-standard-residentia
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3 October 2018 | 8 replies
@Josh Stanley, the CapEx I am estimating in is for the unknown down the road, and is in addition to the rehab budget (which I guess would also be a CapEx).
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30 September 2018 | 5 replies
In addition, I would investigate if the on-site manager is full-time or is only on-site for a specified period of the week.
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3 January 2019 | 13 replies
There's a lot of opportunity to get involved with large multi family units, but if you can find enough investors you could do it with less of your own money.If you're looking at retiring in 15 or 20 years, you could start with some smaller duplex style units and build up from there, or just hold a few and pay them off.
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3 July 2018 | 21 replies
On the other hand it has simplified my communication style on finances and basic home functioning and made me more tolerant of those who did not grow in the know on those topics.