Spencer Faulkner
New property management company
Hi everyone, I have recently started a property management company in Cincinnati Ohio. When we first started, I had acquired a 24 unit acquisition. We're doing everything; offering 24/7 on site maintenance, apartment...
Becky Lu
Rental property WITHOUT a basement in Kansas City - good or bad?
Hi guys,I just put a few offers in Kansas City, MO for SFH. At first I was only looking for properties with a concrete basement because of the natural disaster - tornado. Along the way, I've learned that most of the p...
Thomas O.
Potential Florida Tenant Disaster! Help!!
Soooo I found a property that checks all of the boxes. Gated community, 1% rent rule, newer property (13 years old), quickly growing area, close to shopping, beaches, solid cash flow, etc., etc.. Only negative is tha...
Dustin Turner
How I unexpectedly made an extra $100,000 this year
Ever find a twenty dollar bill hiding in a pocket? It’s a nice feeling, right? Now imagine finding an extra $100,000 in your account. That’s where I found myself today. Here’s the story.
I’m an investor and a real e...
William C.
More Accurate Pre-Purchase Calculations (Focus on Repairs/Maint)
As I "run the numbers" to estimate the cashflow potential of a property, a sticking point for me has always been accurately representing the Vacancy Rate and the Repairs/Maintenance costs. The Vacancy Rate is somethin...
Marc Bazemore
Tax lien and a desolved bank
I have a question ,I have a former home owner who was F/C on 8+ years ago, BUT the bank that F/C has since closed and bank that took over on file says it doesn't own the property, NOW the owner who was F/C on is bein...
Jake Snavely
What do you guys think of this 4plex deal in Alabama?
Hi all! I’d love to hear your advice on this.
I have a 4plex under contract in Decatur, Alabama. Decent area, built in 1984, roofs and HVACs 8 years old, property is more or less turnkey.
Under contract at $129,00...
Account Closed
Financing land development questions
I've got a subordinate agreement on a parcel to develop into roughly 200 homes plus or minus and to be done In phases.
Have any of you done any JVs with dirt contractors or found a bank that will finance phases of th...
Carol Hall
Newbie with finance question
I have been pre-approved for $50K investment property mortgage through Navy Federal Credit Union requiring a 25% down payment, I have $10K in savings account, I have two business credit cards with a total value of $25...
Thomas Landis
Bloomington, Indiana Investors...New and Old!
Hey Folks,Glad to see the sun is out and spring is underway! I have been seeing some discussion on the forums lately about the Bloomington market and a lot of new investors are interested in getting engaged. This is a...