Hi Everyone, I'm under contract for a multifamily property for $300k. Bank appraisal came in at $282k. Appraisal came in low because there are few multifamily comps and they all sell at massive discount because they...
Hi Everyone,
I’m relatively new to long-distance investing and am exploring the purchase of multifamily properties in Cleveland. My primary focus is on the BRRR method, with a greater emphasis on appreciation over ca...
I really enjoy talking about real estate and strategies that will lead to wealth building. I also like to feel as if I am contributing something to help others. I am part of a lot of groups and have a very large net...
Hello Jacksonville BP,
My name is Mitchell Morgan and I have lived in Jacksonville for one year. I purchased my first property in Tampa in 2019, and it has been a long-term rental over the past year.I am currently lo...
Hello,I have noticed that more and more property managers are charging tenants ~2-3% of rent + $30 as admin fee/resident package/utility package. Is this standard for most major property management companies. Can anyo...
Hi, each time I resell something I have a lot of questions on what have been improved in the property. Sometimes I have done very little to it, and feel a guilt of inflated price. Did you ever have a flip with no valu...
I bought my 1st rental property in back 2018 for 180k. As we all know, the market is HOT and I'm wondering if I should sell or hold? The medium home value in my area is $400k. Would you sell, and why? Or if not why?
I'm looking at a multifamily on 72nd & Center that you would think is in Milwaukee but in fact is in a tiny pocket of Wauwatosa that juts north along the irregular border. It's not clear to me whether I should val...
Hi guys,
My plan was to purchase a 2bed 1 bath house in Hawthorne or Lawndale for ~500-600k. Live in it while I do cosmetic renovations for 1 year. In addition, at the same time, I would drop 80k-100k to build an AD...
Hello,Hope im posting in the right place. New to this and just looking for some advice. My wife and I put an offer on a property in September for $270k as advised by the listing agent because the Bank (seller) had alr...