Justin Hackney
Defining a Deal in Raleigh, NC
Hey BP, I know that we talk about the 70% rule a lot when defining a "deal". However, every market is a bit different. I'm curious to see what experienced investors in the Raleigh / Research Triangle think about this....
Clinton Omiwade
Types And Classes Of Areas
What are the classes of Areas? A,B,C,D. What are they broken down into. Also am i better off buying severely distressed cheap homes? Or do the repair costs put me in a bad position
James Tardif
First BRRRR complete, on to my second investment property!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Southington.
Purchase price: $247,500
Cash invested: $14,000
Soon moving from my first 2-family house that I house hacked ...
Nicholas James
Home Inspection Problem
Okay so we have a bit of an issue. We are buying a property As-Is with right to terminate. At the beginning of the 3+ hour inspection the washer was started. Days later we found out the washer flooded (not seen durin...
Cody Bias
Multifamily Investment Calculator
I've created a Spreadsheet that I intend to use to evaluate multifamily rental property. It is viewable at the following link (google sheets). https://docs.google.com/spreadsheets/d/1Vd2_kvyhIU...I wanted to get opini...
Ralph Miller
My Tenant's Stove Range Cracked. Buy a new stove or repair it?
So the top of my tenant's stove cracked. On the stone range, it seems a pot was dropped on the surface and a crack has spread to all four corners of the stove. Who is at fault is still under review....I'm calling ap...
Christy Greene
HOUSE HACKING IN SAN DIEGO NORTH COUNTY
There is a house that is walking distance to the beach and restuarants. It has a separate granny flat that is 500 square feet with a kitchenette. The house is turn key with only a one car garage. It is on a street ...
Chris Daliani
Multi-Family % Down
Hello All,A friend of mine is purchasing his first investment property. It is a 4 family property about to go under contract for 350k.I am wondering if it is wise to put down 20% or the minimum of 3.5%. He will be own...
Aundrea Newbern
Condo in Atlanta - Should I sell or keep it?
I bought a 2 bed 2 bath condo in a prime area in Midtown Atlanta back in 2016. I paid 260k and owe 230k on the mortgage. It rents for $2300 a month and my monthly mortgage payment plus HOA feels total about $1750. If ...
Garrett Gatton
Saving up cash VS. financing your 1st Buy + hold
Trying to wrap my mind around the pros and cons of saving up cash to buy my 1st buy + hold VS. financing it just so I can get started? Thoughts? Which one is better?