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14 July 2021 | 1 reply
The property was appraised 30k more than my purchase price, so i guess got a good deal or made a bad mistake inheriting the bad tenants.To my surprise one of the tenant is paying rent, but the other tenant situation is complex.
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8 July 2021 | 20 replies
I’ve ran tons of analysis on small MFH, and SFH, but not big complexes.
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8 July 2021 | 6 replies
If you don't have any photos or a condition report when they moved in, you won't have much of a case when/if it goes to court.
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10 July 2021 | 7 replies
Investment Info:
Multifamily 8 unit
Purchase price: $233,900
Cash invested: $0
Two triplexes and a duplex
What made you interested in investing in this type of deal?
I am growing my portfolio for retirement inco...
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8 July 2021 | 1 reply
I am happy to report a successful purchase of 120 unit apartment complex right next to Lamar University in Beaumont, Texas.Purchase Price: $5.1MLoan : 75% of LTCInterest Rate : 3.75%Rehab Budget: $250,000Operating Strategy: Value Add and increase NOI.
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23 July 2021 | 9 replies
If you can narrow it down to a few complexes you should do a letter writing campaign and try to get an off market deal.
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9 July 2021 | 1 reply
I've done some research online about the CDC Moratorium on Evictions and understand the federal government has extended the moratorium one more month - to end on July 31st instead of June 30th, 2021.I've also read that the Texas Legislature has basically decided to no longer enforce the federal ban on evictions and that Justice of the Peace courts can NOW proceed with evictions for non payment of rent.
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9 July 2021 | 12 replies
She said there is a apartment complex that may take her because they do not make their decision based on credit score alone.
17 July 2021 | 5 replies
Some demographics are more likely to be represented by FREE lawyers.If a resident (or other) hits the LLC (who will be the owner) with a lawsuit, the LLC's bank account will probably be locked by the court, this can create a lot of stress if all of your eggs are in one basket.
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23 December 2021 | 7 replies
Not too much, was nearby looking at a large apartment complex a few years ago but that's all I know in that area.