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4 January 2023 | 2 replies
We had to remove or evict practically everyone (except the sec 8 tenant) shortly after acquisitions.
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22 December 2022 | 7 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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18 December 2022 | 4 replies
Networking is always a great practice and you never know who you might meet there and what good information they have to share.
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22 December 2022 | 13 replies
Any best practice that anyone can share.
22 December 2022 | 6 replies
This is a deal I found just practicing using the rental calculator, it seems like a good deal with all the numbers I have entered, if anything is wrong can someone point me in the right direction. thanks in advance!
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17 December 2022 | 9 replies
@Jack Miller as a fellow OKC investor I want to throw some clarity into this conversation.Multifamily itself is known for nice cashflow, BUT that is almost always referring to larger properties thanks to some great economies of scale you can achieve when you have 48 or more doors in one place.In practice you can expect small multifamily properties in OKC to cashflow LESS than SFR or duplexes thanks to a few factors:- Downgrade in tenant class -- you WILL experience a downshift in your tenants.
28 July 2021 | 2 replies
At this point, I think analyzing this property is more an exercise in education than anything else.
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5 November 2017 | 25 replies
I taught them as well, accounting is rather mechanical until you get past basic accounting, then becomes more subject within accepted practices.
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20 December 2022 | 1 reply
I gave him 3 deals to close on in the same month, communication was okay.. once we closed on my deals getting in contact with him took 3 days for a 5 word response. he has yet to found 2 of the 3 properties. we scheduled the inspection which took a week to get him to respond to the draw inspections and we are now on my 4th week with 0 funds and no response from this scumbag. practically begging him to do the right thing, Through text cause he has not picked up his phone once.
13 May 2021 | 10 replies
If the property is permitted to have 3 units, then you have to consider finished ceiling heights, window sizes (unsafe to have "basement" sized windows for an apartment), flooding potential, placement of the mechanicals, size and nature of the entry, whether or not there are 2 ways to exit and a number of other practical considerations and considerations dictated by the laws and codes of the area.