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Hello everyone! My name is Daniel Parrella. I've been listening to the podcasts for about 6 months, and I'm finally taking the time to create a profile and truly get plugged into the community.I'm from the Cleveland...
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I made an offer on a foreclosed property recently. After several days, there was a reduction in the price by $8,000 on the MLS. The next day they accepted my offer which was over the asking price! What does this mean?...
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What role does CAP Rates play in Multifamily investing when it pertains to evaluating properties?I heard from other investors that CAP rates are used for market sentiment and that Cash on Cash, Equity Multiple and IRR...
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Whats your views on this? I've my eye on South Side / South Shore.....Thoughts on best places to buy a MF?
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Thoughts on Flex Space Development as a niche strategy in the Texas Markets. Don't hear much about it.
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Hello,I am a solid contractor with good referrals wanting to get into flipping but don't have the credit score to make loans work. Is hard or private money out of the question too? Any creative suggestions on how to s...
A developer, with big grocery chain, reached out and wants to build in the land that my company owns. Instead of selling the land, we wanted to enter into a strategic partnership. Currently waiting on the different ...
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Hi everyone. Here are what I believe to be the most important qualities of an exceptional realtor for your first house hack. 1. Running NumbersAt a bare minimum, it's important find a realtor that generally understand...
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Owner Finance
Purchase Price: $700K
Actual value: $625K
Owner wants 20% down
0% interest
Balloon in 10 years
Cash flow looking at 400-500/M and it is in a highly appreciating area in South Florida
THOUGHTS?? ...
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Hey Bigger Pockets!I’m looking at my first property and it will be a buy and hold. It’s a 4-plex in a diserable area, and it will cash flow now and after upgrades (more on that later). This is assuming I go with a co...