I'm considering renting a spot to an applicant with very poor credit. To offset the risk of the tenant potentially not paying rent I am considering a deposit that is more than 2X their monthly rent and only offering a...
Hi All, I am looking for some information on syndication's. I am just beginning to enter the real estate investing world. I have 30k to invest and would like to slowly enter into syndication investments. I recently ca...
I have a property that has 3/4 units heat turned on. Unfortunately, a tenant left and didn’t pay his electric bill. The soonest the electric company can come out and turn on heat to the unit is 8 days from today. The ...
I have recently came across a “direct private lender” that claims to be from a company named Inclusive Properties. The website is very basic with not much info or content. I inquired and set up a phone call, after s...
Hi all
I was wondering how to find the ARV of a multifamily that needs repositioning!
I want to make offers between 50% - 70% of ARV but I have no idea what the ARV will be. I understand cap rates, GRM and all that...
Hi All,My wife and I are planning to subdivide a property in Chittenden County, VT which will result in a 1.5-acre building lot. Upon some initial research, it seems like a modular home might be the right option for ...
Hi,I am based out of Harrison, NJ and was looking to buy a multifamily using NACA mortgage. I recently got approved. I wanted to know if people have invested in cash flowing multi-family with NACA and how their experi...
Good morning! I have a rental property (townhouse), i plan on buying more, but i am currently in the process of closing on a house that will be my personal residence. Should i get a revocable living trust for my perso...
I'm looking to get into a turnkey in the Indy area this year, and just wanted to see if anyone has worked with this company that we're planning to use. We've met the them a couple of times for a seminar that they put...
How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...