Pardon my ignorance, but in reviewing some income statements for investments I'm trying to make sense of some napkin math concerning Net Income and Distributions. For distributions to occur for a multifamily property,...
There are times when you are going to want to make offers as a "cash buyer". A "cash buyer" provides an expectation to a seller that you as the buyer should be prepared to deliver. Being a cash buyer means one of tw...
I've done some research on Memphis Invest, spoken to one of their sales team on the phone and have a close personal friend who's been investing with them for nearly ten years. They seem pretty great to me.Just to pla...
Hello Experts,I am doing REI for the last 3+ years and analyzed many offerings from different turnkey providers and noticed the following:1) Providers are selling properties above market value; charging a premium ($10...
Hey All,I would love some thoughts on the following. I have a nice portfolio of properties that I have acquired over the years. Let me frame this by saying I don't have any heirs to whom I want to leave a large estate...
What are your thoughts on giving tenants a receipt each month after their rent check clears?
I have been doing this and using it as a communication tool and also to perhaps create goodwill with the tenants.
On the o...
I am looking into buying my first turnkey property. I intend to have multiple properties in the long run. Would it be better to have them all with the same provider? Or would it be smarter to diversify among multipl...
I have been looking at all kinds of strategies to get my RE journey going. Currently working on some wholesale transactions. Very interested in turnkey and have been researching that strategy. Any feedback on good pro...
I’m told I cannot cash out refi for new value of property until a year has passed. Purchased 3 units for 90 cash, rehabbed and rented, bank says can’t use new value for a year. That will take way too long to replica...
Hello FriendsI live in California. I am looking to invest in out-of-state cash-flowing markets. Please provide the top 10 markets. Thanks in advance.