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1 October 2024 | 1 reply
Hello Everyone!
Second Post outside of my introduction so I wanted to make it a bit more interesting. I will also preface the conversation by stating I am not planning to invest in the example below as I'm still work...
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7 October 2024 | 9 replies
Smokers are not considered a "protected class" (ie: race/gender/age/etc).The lease the tenant signed prior to us acquiring the property says nothing about smoking either way.
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6 October 2024 | 5 replies
Be prepared to justify this to the seller, perhaps by highlighting the extensive rehab costs.Rehab Costs An $80K rehab budget on a multifamily property is substantial.
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30 September 2024 | 7 replies
Past that I would consider a DSCR loan that would just care about the property and its rent and not so much that you are self employed.
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7 October 2024 | 9 replies
The downside of this may be high turnover rates.The real estate agents and property managers operating in this zip code, may have more to say on this.
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6 October 2024 | 3 replies
I'm focused on small to mid-sized multifamily properties in south central and eastern NC, and I’d love to connect with others that are actively investing and operating in these areas.
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30 September 2024 | 2 replies
Either way, it doesn't make logical sense for the IRS to allow them the $500k married exclusion on both properties.
6 October 2024 | 3 replies
The average 30-year fixed-rate mortgage rate jumped 27 points from 6.26 percent to 6.53 percent on Friday"I guess I go back to buying properties with zero down, taking over 3% mortgages.
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6 October 2024 | 8 replies
A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at.
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6 October 2024 | 0 replies
The property includes a screened-in patio and an underground pool.