Alex Jamael
Raising Money for a 36 unit
7 April 2020 | 14 replies
Normally when you raise money for the deal you need to be the catalyst of arranging the mortgage..
Alex Moseman
Expenses in Minneapolis, MN
14 April 2020 | 6 replies
I budget a bit higher than normal for capex/repairs, and it produces a good amount of income.
Erik W.
Moving forward - Who has been busy?
5 April 2020 | 11 replies
I suspect families are unlikely to move at this time of uncertainty.Tenants are still paying like they normally do.
Nathan Gesner
What is your Plan B?
9 April 2020 | 38 replies
Hopefully it will stay that way.I think things will eventually get back to normal.
Marita Jojo
How is everybody getting rent ?
3 April 2020 | 3 replies
Process late notices as normal.
Patrick Smith
Renting to Senior Care / Assisted Living Biz MN
17 June 2020 | 4 replies
@Patrick Smith - I was just speaking with a client last week, she had a similar agreement in one of her units and was taking the necessary steps to transition back into a normal residential property.
Jeff Halverson
For Sale By Owner - Large Buyer Agent Commission
5 April 2020 | 6 replies
This is a great question to ask and I hope I can add some value here -- Based off of statics (something like 87% of home sales have at least one agent in the transaction), I would anticipate offering a higher-than-normal buyer-side commission being a more effective strategy than offering a 4% lower price predicated on the buyer not using an agent.
Holly Brown
Small Win's Keep Us Going
15 April 2020 | 7 replies
I normally don't post my deals but I figured it would be a positive post in the current sea of negative.Negotiated down payment was $19,200 all in for closing.
Ian Rowland
Current real estate market
12 May 2020 | 17 replies
China is having a hard time getting back to normal.
Marcele Johnson
Getting a 203k for brrrr
4 April 2020 | 6 replies
@Marcele Johnson there are two things to address here: A 2nd FHA loan and the BRRRR method.2nd FHA Loan - now, FHA does allow you to have 2 FHA loans at once but there needs to be a reason according their own guidelines.You need to have a job transfer outside of your normal commuting area - usually 100 miles away or furtherYou need to have outgrown your current home.