Josh Buss
Cap Rate in Oklahoma City?
My wife and I are trying to find our first rental property in the Oklahoma City metro. Can any OKC investors give me an idea of what cap rate you are shooting for or seeing in properties that you own?
Daniel Dietz
Can a SDIRA enter into a "Subject to Deal" and keep original loan
Hello all, I understand most of the SDIRA rules, but came across a potential deal that I have a verbal offer/accept on at this point. It would be what I beleive is called a 'subject to' deal. Current seller is willing...
Ryan Stucke
Funding for first property
Hello all! I am new to real estate and I am looking to purchase my first two properties before the end of the year. I am wondering what the best way to finance my perchase? Are there any private leaders that you all r...
Steven McAdoo
ListSource Criteria for Small Multifamily (2-4 Units) in Chicago
My partner and I are trying to pull a list from ListSource for small multifamily (2-4 unit) properties in Chicago. I've seen multiple people in the forums with the same issue that we are having, but I haven't seen a s...
Michael Timothy
Hard Time Raising Capital
My partner and I have everything in place. Accountant, Lawyer, Business Plan, Real Estate Agent, Project Manager, General Contractor, Joint Venture Agreement, Hard Money Lender but what we cant seem to get is inves...
Brandon Purdeu
Chronicles of a newbie
Well I'm officially under the gun. I am in contract on my first flip property and pretty excited to get going. I am in contract with a 1100 SQ FT SFH in North Carolina which I purchased for $31,000. Looking at an ARV ...
Christopher Davis
Price Reduction... How soon?
How long will you guys let a house marinate in this market before you'll do a reduction? Do you have a plan or system that has shown any sort of results?
I have a really nice rehab - best for sale in the neighborhood,...
Lana Sheta
Beating All Cash Offers in the Sellers' Market of Reno NV
Financed offers have been getting crushed in Reno these past few months. Here are a few things that I've noticed have helped buyers beat all cash buyers in this market.
1. Large down payments paired and a waived fin...
James Syed
Debt Coverage Ratio, Cap Rate & Cash on Cash Return
Hi BP,
When analyzing an investment property 3 numbers are extremely important along with others;
1. Debt Coverage Ratio
2. Cap Rate
3. Cash on Cash Return
Most lenders look for ...
Rob Gleason
Newbie Rental diary - Part 2
We are now 60 days into our new business and it's getting a bit more complicated. Duplex #1 - tenant "B" eventually payed last months rent but is late AGAIN this month. My wife ....er, partner doesn't want evict bec...