
29 September 2018 | 10 replies
My thought now is to possibly recoup the funds, I close on an additional deal this coming Friday that will have similar numbers, and attempt to find a proper BRRR multi family before years end.

2 October 2018 | 3 replies
If the property has two units and both units are occupied, then a new owner can offer cash for keys (the easiest method) OR evict the newest tenant (or the tenant who is not over 62 or disabled and there are additional rules - check the RSO handbook) to move into the unit.

30 September 2018 | 12 replies
On the expense side, multifamily is just a lot more efficient if done right.

3 October 2018 | 4 replies
There are many additions that you could research around the web but for free and with an eye on local use Its great: http://my.mnbar.org/residentialrealpropertyforms/viewdocument/rpf41-minnesota-standard-residentia

3 October 2018 | 8 replies
@Josh Stanley, the CapEx I am estimating in is for the unknown down the road, and is in addition to the rehab budget (which I guess would also be a CapEx).

30 September 2018 | 5 replies
In addition, I would investigate if the on-site manager is full-time or is only on-site for a specified period of the week.

29 June 2018 | 3 replies
I could just put it all on a credit card and try to pay it off over the next few months with my personal savings, but I could also try to either borrow or add it on to the purchase price.

5 July 2018 | 110 replies
I was back home in India and I made my offer based on 2 reasons. 1- I had a good team, both the agent and the PM are efficient and highly capable and 2 - numbers worked.I'd freak out only if you didn't have a decent team to work with.

28 June 2018 | 1 reply
It took an additional 4 months to close and the seller ended up spending $25,000 in legal fees to clear the title.I'd get the advice of a real estate attorney.