Steven May
How To Get Sellers To Pay for Repairs found during Inspection
7 March 2019 | 6 replies
This may play a factor in the strategy on how to handle this situation.It doesn’t seem like there would be reasonable time for the seller to make a proper repair before closing, so best approach would be to request a seller credit.
Jon S Strick
Developing spaces in Mobile Home Park
6 March 2019 | 7 replies
If you get green lights from zoning, then you can approach the development department to see what their requirements will be.
Rich Jordan
Refi + 1031 Exchange: How is it treated?
5 March 2019 | 5 replies
So there is an underlying relationship between your refi and the cash you'll have to reinvest to purchase at least as much as you sell.When folks are using the Brrr approach they'll try to leave enough equity in the property to be used as a sufficient down payment on their next 1031 property.
Scott A Holman Jr.
Phoenix real estate opportunities
18 March 2019 | 6 replies
Hard money has its place but generally, that's not for long term, it will eat you alive long term.Lot's of ways to approach this and many of the avenues work, what is best for your situation?
Russ Trimboli
solving sellers problems
5 March 2019 | 5 replies
When the amount you are owed approaches 50% of your co-owner's equity, file suite to foreclose your lien.
Steve S.
Raising rent on a quality long term tenant?
5 March 2019 | 9 replies
I would have to call their bluff to force a $25/month increase and they could leave (I doubt it but who knows) $10 : month hardly seems worth it but it all adds up How would you approach it?
Patrick Menefee
1% Rule in Practice Regionally
8 March 2019 | 57 replies
@Caleb Heimsoth that sounds like the smart approach, and similar to what I’ve been thinking lately.
Account Closed
Finding Deals: An AVM for Multifamily
7 March 2019 | 3 replies
Hello,I'm wondering if people 1) use Automated Valuation Models (AVM) in the small-medium size mulitfamily space to spot under-valued properties by comparing the AVM price (the predicted appraisal value) to the list price (or the price you think you could reasonably buy the property at) and buying at a large difference (e.g. the Zillow Zestimate or Enodo: https://www.enodoinc.com/e-valuation.html) and 2) use any software to make a data-backed prediction of the ROI of various repairs for a BRRR approach (e.g.
Michael Spindler
What is the best way to finance a deal as a beginner?
2 April 2019 | 20 replies
Once you have that down, start approaching investors and show them you're willing to do the work.
Chris Dengel
Cost Segregation - Titan Echo
7 March 2019 | 6 replies
This adds incredible tax savings. $15k for buildings under a million is a rip off.