Dennis Perry
Purchasing my first apartment building (8 units) for under 350k
Hey Guys,First Post. I recently got my first investment property (SFH) and I will be wrapping up soon. In the process of finishing, I came across a deal for an 8 unit apartment building for under 350k. At first glance...
Joshua Springer
Trust, commercial property, bleeding cash..family issue!
Hey guys,I’m trying to help my mom as much as possible without getting financially involved.This is all in rural Ohio.Main objective, aquire $50,000 cash and refinance other commercial propertiesHere’s as many details...
Sean Dezoysa
Drawbacks of pooling of funds
I understand that creating a fund is expensive (mid 5 figures) and subject to SEC regulation. What are the issues beyond that? An experienced investor started to tell us at the last REIA about how there is significant...
George Ramsay
Red flag on short sale offer
Ive been working on a possible short sale and received the following from the listing agent
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**** and I work with a 3rd par...
Todd J Killian
How do I market a multi-family in Columbus Ohio?
I have a multi unit in Columbus, Ohio under contract but I have not gotten much traction on buyers and feel I am missing something. We are looking $385k purchase price and with monthly rents at $4375 when all units a...
Jack Lee
Cashflow Taxation Problem
Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?
Ethan Summers
How has direct mail treated you in your market?
My market is pretty competitive, so brokers and rehabbers came to us to get a leg up on the competition. While I love direct mail, the sellers have almost become numb to it because there are so many new "investors" en...
Stewart VanValkenburg
Tax deed sale percentage buy down in Utah
I'm interested in bidding at a tax sale in Utah county. We are a tax deed state. The county recently changed the bidding process from a typical bid up auction to a percentage bid down auction. How they do it is they s...
Aliz Raksi
Analyzing a deal in Cincinnati, OH
Hello, I'm looking to buy a multifamily property in Cincinnati, and wanted to run these numbers by the community to see if the numbers seem to be in the range of what you'd expect for the area. What do you think?This ...
Joseph Medina
The 4-Horseman of the Economic Apocalypse: Inflation
I heard the second living creature call out, ‘Come!’ And out came another horse, bright red; its rider was permitted to take peace from the earth, so that people would slaughter one another; and he was given a great s...