Jason Graves
bougnt 5plex 375k , should I sell for $450k if $600 positive CASH
Quick flip w $75k profit or keep $600 month positive CashFlow ?
Street car complete in 3.5 yrs great location...in KS MO
Elsa M.
Success with condominiums?
Hi, has anyone had success with condos? Are multi family and single family homes the only way to go? I understand that multi family properties are the better way to go, but can buying and holding condos for the long r...
Michael G
Ultra-basic tax example
Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
Craig Montesano
help running 4 plex numbers...
4 plex in a decent area. All units are 1 bedroom 1 bath. Brick building with a newer rubber roof and a carport in the rear that could use some work.
asking - $105000 (price has steadily been decreasing...thinking mor...
Geoff Garber
Is sub-syndication a thing?
Say there is a syndicator raising $10M for an apartment complex.Say I personally have $100k to invest, but there are other friends/family of mine that want to invest, they just don't have the relationship or time to b...
Mario Boemer
Cris Chico postcard system tryout !
I wanted to post here what the results will be for someone that wants to buy Cris Chico's course. Today I sent out 3524 Seller postcards and 500 Buyer postcards from Cris Chico's system. As a background of myself, I'm...
Joseph A Berrios
CPA advice
I know at this point I need a CPA. I'm seeking advice what to do after my flips to remain on uncle SAMs good side without killing my liquidity. All advice is appreciated , I'm sure there are many members in my same bo...
James Wilcox
When is an offer not worth submitting?
So I was looking at maybe putting in an offer on two duplexes both listed at at 104.9K a piece. Total $209,800I have run the numbers of where I want to be and really the max I would want to pay is 75K a piece. Total $...
Heather K.
homeowners insuance on duplex
Hello all,I am purchasing a duplex in Minnesota for $90k and the appraisal value is $100k. I'm working on getting insurance but the companies I've called want to insure it for the replacement cost of $340k. I really...
Andraise Scott
First months rent $1. Have you tried this?
i've heard a lot of stories about tenants trashing units when they leave and the costly repairs to get them ready for the next tenant. Thought: how about charging one dollar for the first months rent but adding to...