Ryan Barnett
Owner financing/Carry back
If you find a deal of a 16 or more unit multi family of a retiring owner that will owner finance.How do you know when they finance you for a set price before you season the property and buy them out that that is all t...
Virginia H.
Need feeback about AZ MHP
My friend told me: First, with AZ properties, there are RV, mobile, etc., and all of these types are very, very cyclical. For instance, some areas are having a mini boom. BUT there's still a ton of inventory, and when...
Craig I.
Anxiety of buying my 1st out of state property
I'm in the process of searching for my FIRST OUT OF STATE MF property. I'm putting my best foot forward on this, but as I'm getting closer and closer to making this a reality, I'm getting more anxious. Hoping that I ...
Alex Deal
Guess at Refi value?
Bought a 3/1 in cosmetically roughy shape with a dead central ac unit. Had some mold/mildew built up inside and very dirty white paint. Appraised for 70,000k. I installed new ac unit, repaired and painted outside, k...
Michael Mason
What are most important terms to include in your lease?
Hi All,New rental property owner here. I'm curious what you all think are the most important terms to include in your lease? What non-standard terms have reduced your risk, hassle, and property maintenance issues th...
Jason Utley
What is ARV?
I know what ARV is, I just want to know how you evaluate deals.Some may strictly look at comps and place no value on upgrades others shoot from the hip. What ever your strategy I appreciate the feedback.
Vera Shokina
Zillow vs Redfin House Pricing Data
What do you find as the best data source for house prices? I notice significant difference (up to 20%) for the same property on Zillow, Redfin and Homes.com. Zillow consistently shows prices much higher than Redfin,...
Rob Hayes
Offering cash on a triplex?
Today I came across a triplex that sparked my interest in the Atlanta, Ga area. I contacted the owner to see if they were interested in selling & they gave a ridiculous price of 280k. I asked if they would be will...
Wen Guo
Chicago multi unit - too good to be true?
Hi everyone, I'm from California and fairly new to the Chicago market. But I saw some incredible deals there (comparing to the Bay Area), for example, a 4 plex getting $2400+/month would ask for only 55k. I do know it...
Keith Sehi
Pay minimum or extra on mortgage?
Hi, I am new to rei and was wondering if it's better to pay extra on a mortgage or just pay minimum to receive the tax benefit and extra cash flow? I guess what I was thinking is if I'm getting (for easy numbers) $100...