Bailey Kramer
My newest Airbnb! The Johnsburg ESTATE
31 August 2021 | 0 replies
We spent a little less than 2 months renovating the property: Brand new roof, Remodeled all of the bathrooms, Added a boat Pier, Repaved the driveway, Striped a basketball court, Painted the entire inter How did you finance this deal?
Randy Mattila
How do I move from residential multifamily to commercial?
1 September 2021 | 13 replies
My wife and I purchased our first property (a C-class fourplex) in 2017 which we house-hacked for three and a half years.
Owen Thornton
Why are all the deals I find online seemingly profitable
1 September 2021 | 17 replies
Is it in a D-class neighborhood?
Matthew Lindsey
Need opinion on new tenant with covid
1 September 2021 | 5 replies
From a practical perspective doing the walkthrough in 2 weeks is unlikely to cause too much of an issue depending on the tenant class etc.
Mike Simon
Help Analyzing this property
8 September 2021 | 5 replies
Price 450,000Cap rate on listing is 13.35%Taxes 15,700Annual Gross rent 81,9008 unit property 4 commercial units (2 restaurants, 1 liquor store, 1 mechanic which uses the garage) 4 residential units (2 units are 1bed/1 bath, other 2 units are 3bed/1bath)The property is right off a main road with the train tracks to the side of it C class neighborhood The property will need renovations, roof was done this yearAll units are rented and have been long time tenants This would have to be a cash deal and was thinking about getting a hard money loan to secure the property and refinance out of it.
Mike Redondo
Question about physically visiting potential properties
15 September 2021 | 22 replies
I went to UM for law school, so a little familiar :) I still do FL RE work too.I like anything working class, so you can look inland or Doral or Hialeah?
Corey Stubbs
Need info on Houston, Texas
10 January 2022 | 12 replies
Are there a wide range of renters there (Class A?
Fernando Morales
Legal duplex converted to tri or quad
9 September 2021 | 6 replies
You’re also unlikely to get any decent financing.If the property is already zoned for 4 units then you’d need to pull permits for the work already done, have it inspected, and redo any work not up to code....which would probably be a boat load of work and time.
Wendy Doan
Hello! I'm new here.
3 September 2021 | 6 replies
I am new too and we are in the same boat, trying to find that home that will bring some extra cash flow :)
Tyler Stone
Investor Looking for Brokerage to Hang Salesperson License
2 September 2021 | 6 replies
@Tyler Stone if you can't find someone to hang your license with, I would not view the time you spent on the salesperson courses as a waste/mistake.I often recommend to new investors that they consider sitting through all the pre-license courses (even if they don't ultimately take the exam) as they're a great education and introduction to real estate, and very affordable compared to the information gained.I also tell them that since literally anyone can become a real estate agent, the class (especially an in-person class) can have some... colorful characters🤣Even if you never become an active agent, it's a very good set of introductory knowledge about real estate, and it's also very helpful to know when dealing with agents in the future - as you almost certainly will at some point.