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1 October 2024 | 14 replies
That could be anything from not accounting for capex/repairs/vacancy in their calculations or a complete lack of knowledge in how to calculate their future property tax obligation (this is a big deal in Michigan).Just the other day I had a call with an investor looking at a 10-unit property in Detroit.
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1 October 2024 | 1 reply
Multi family, storage unit facilities, profitable commercial properties, I’m open to exploring.
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1 October 2024 | 8 replies
What will property taxes be when you purchase it at the new sale price?
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1 October 2024 | 6 replies
I've been buying and holding for SFH's rentals for 15+ years, but my goals now are Cash flow (70%) and Appreciation/Equity (30%) so I can invest faster/grow more in shorter periods of time.I ran this: View report on BP as a really rough test for investing in this property (3-plex, but also offers an attached 3-plex for consideration).
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1 October 2024 | 13 replies
The property types I'm most interested in are: Small (2-4 plex) and Large Multifamily.
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1 October 2024 | 8 replies
I now have to have the entire property tested.
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1 October 2024 | 6 replies
Thinking to offer seller financing to increase interest in the property and I like some of the advantages of seller financing.
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3 October 2024 | 6 replies
@Chris SnowI would say this is not a good flip I think your best case scenario is your property appraises for $315,000 which means you're all in should be no more than $220,000 less rehab of $90,000 brings you to a purchase price of 130,000.
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1 October 2024 | 1 reply
A mentor of mine with 400 units told me I can use a large seller credit to cover most of the down payment on a property I'm looking at.
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1 October 2024 | 7 replies
Definitely hire one for a property damage claim, auto claims its not necessary.