Marisa R.
Buy and Hold or Flip???
30 June 2019 | 26 replies
The Zip code of 48221 is next of the list, here is the link https://detroitmi.gov/departments/buildings-safety-engineering-and-environmental-department/rental-property-informationI believe renovating and selling for top dollar would be in your best interest. https://www.clickondetroit.com/news/defenders/detroit-landlord-jailed-for-code-violations-including-apparent-black-mold-raw-sewage-at-home
Sanjoy V.
Should I buy Multifamily in Dallas now or wait
16 October 2018 | 11 replies
I know a lot of speculation, but if I have multiple exit strategies including possibly holding the property for much longer up to 5-7 years may be an option.
Sanjoy V.
Best loan structure and terms for Multifamily
21 October 2018 | 3 replies
I'd probably find a structure that includes a step-down prepayment penalty and one that's based on 5 year structure (5,5,4,4,3,3,2,2,1,1) or something similar or better.
Craig Garrow
Broker-Broker or Broker-Agent Partnership?
17 October 2018 | 7 replies
This was primarily done so I could have more control over my own career/earnings, but I retained every aspect of the company (including it's 4 employees) and re-branded with a new name and mission as she was a great appraiser but not much of a businesswoman.I didn't have the liquid assets to buy the business outright, and it was a bit wonky in the math anyway since I was a top producer, my gross earnings couldn't really be factored in to the totals as I would have made that anywhere.
Rafael Zavala
How to collect rent after evicting tenant
18 October 2018 | 8 replies
In my state, the eviction includes a judgment showing how much the tenant owes.
Juan David Maldonado
Buying rental property in TX gulf region good or bad idea?
5 November 2018 | 4 replies
I may build a few of those, including my personal home, to use as short-term rentals.
Brannon Hamby
On market, deal or no deal?
18 October 2018 | 3 replies
It could be 20% of something big, including a cluster of properties not just a wee duplex.
Brian Ellis
First rental BRR(RR) before and afters
18 October 2018 | 21 replies
This was a piece of cake in comparison to the single family.Purchase Price: $242500Rehab Costs: $6075Estimated ARV: $290000-$295000I plan to refinance, pay off a good chunk of the HELOC, and repeat in a few months.COC: 12%Cashflow (after all expenses, including HELOC payment): $492I still have a lot of work to do, in terms of running a successful rental.
Zachary D.
Submetering residential multi-family in DFW (Arlington)
8 November 2018 | 6 replies
I marketed the units at a higher rent than I would otherwise and included the selling point "Free Water" in my listing.
Nicholas Young
Holy Insurance Cost Batman!
17 October 2018 | 3 replies
I am buying a property for around 150,000 that includes a single family home (very small) and a conversion 4 plex.