Cody Merkes
Buy and hold multi family
28 June 2020 | 9 replies
I’d love to do a light rehab or purchase 1% deals I want to buy anything from 2-12 units.
Neil G.
Shaky inspection report on first MF deal. Now what?
4 March 2020 | 9 replies
Two dishwashers, some lights, screen enclosures, some inoperable cooktop units etcMy Estimates (note that the market CAP is 7-8%):- WORST case scenario for rents ($1225), occupancy rate (88%) and high repair costs ($75K): 2.3% CoCr and 5.1% CAP - BEST case scenario for rents ($1300), occupancy rate (95%) and low repair costs ($20K): 7.6% CoCr and 6.6% CAP rateEven though I strongly expect the numbers to look closer to the best case scenario above, considering my out of pocket expenses are going up with all of the repairs and also that the stock market is tanking right now and money is becoming scarce, I'm not so sure about this deal.
Ellie H.
Stuck in the Inner Loop
17 April 2020 | 14 replies
So if it's a brand new development and I can buy it under market BUT it won't cash flow that much -- eh, I'll buy it.
Grant Sevek
Cash Out refinance on rentals OR Collateral for Commercial Loan?
27 February 2020 | 9 replies
@Jaysen Medhurst there is a brand new condo development right next to this piece of property with a waiting list.
Joseph Back
BRRRR Duplex in Lexington, KY
26 February 2020 | 1 reply
After that we did a full gut job rehab on the condemned unit including new cabinets, counter tops, appliances, shower, vanity, toilet, light fixtures, plumbing fixtures, refinished the hardwood and put LVP in bathroom/kitchen and finished it up with a fresh coat of paint.
Alex Cabej
Homeowners Insurance Query
26 February 2020 | 5 replies
We need to be turned the lights onto these vultures, The Plaintive Lawyers.
James Sampson
New house new construction please help
1 March 2020 | 4 replies
Please help I am brand new to this lifestyle of real estate investing and I am trying to find my niche.
Mason Hatfield
Buy and Hold in DFW Market
2 March 2020 | 7 replies
There are three different stages that you will find properties in right now - needing a lot of work ( competing with the local flippers) light work ( hot hot market in most of DFW) and turn key ( competing with the FTHB) Are you looking to house hack ?
Jack B.
How to deduct for this damage?
27 February 2020 | 5 replies
The entire kitchen was brand new when they moved in....
Ruben Wollerich
Selling Property Shares to Convert Into Higher Cash-Flow
26 February 2020 | 0 replies
We currently operate a student housing brand with four houses in which we long-term lease properties, furnish, decorate and divide more rooms, and rent it out to students.