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When analyzing a multi family property would included the current property tax, or would you calculate the projected tax based off the potential purchase price?
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I've been analyzing properties for practice using the calculator provided on BP. Basically just choosing some that are on realtor.com and MLS in order to get familiar with the numbers/terms. I'm just not sure what th...
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Hey everyone! I'm trying to buy two multi-family complexes and have a few individuals who have committed to giving me private money to fund my down payments. The two opportunities I'm working on right now are a valu...
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With standard CAR Forms....I'm trying to understand what establishes a buyer contingency on the buyers purchase offer? Is it simply Line 14.b as seen in the screenshot below, that's it?
Do purchase offers always re...
At what size is it necessary to find a property manager to run the property for you? Also, what is a typical rate/what are their responsibilities? (I've seen 10-15% of NOI but not sure if that's true). How do you go a...
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Question: My cousin and I are looking at a few properties in western Pennsylvania (just outside of Pittsburgh) . I've called around and I've got a few prices from settlement companies, but I don't know if I've been ...
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Hi All,
I am about to purchase a 2-unit property in Chicago for 100k. It is an REO so I am not getting good responses from the seller. Here is my concern:
The property is already rented.
a. The seller says one of ...
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I’m a new investor from AZ seeking deals in the Indianapolis area. In speaking with an Indy private bank, they are cutting off “fix/flip” loans for any investors with less than 3 deals. Wondering if others are hearing...
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I've been going through "The Multifamily Millionaire: Volume 2" and in Chapter 13, they talk about property management ranging from 4-6%, on top of on site management that is on the owner's payroll, separate from pro...
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What would be good contingencies that favor the buyer in a land contract?