Hi guys, Over the past few weeks, I have been reaching out to property owners and submitting offers on properties. My goal is to do 3/day and by next month raise that to 5/day. I have a few questions that I've been th...
I was having a conversation with a family member in reference to doing direct mail campaigns to find wholesale or lease to own deals. I was very surprised to hear his reaction to my strategy.
His thought of an invest...
I am working on a second graduate degree right now and I find myself constantly saying to my wife that "school is getting in the way of my learning!" I have found so much more value in my self-studies via reading boo...
Haven't purchased yet, I'm about to go view the property soon (so rehab is estimated from pics), just wanted to share the prelim numbers so i can get some feedback. Let me know what you guys think!Purchase data:Askin...
Hello All,This is a question regarding seller financing. The property is located in California. My uncle would like to sell his property and do seller-financing. I would like to purchase this property from him. I have...
My daughter and I (new investors in Indianapolis) are under contract for our first house! We have experienced some twists that have caused us to consider flipping the property instead of holding it to rent. Can anyon...
Say there is a 4 unit property where each unit is the same size. 3 of the 4 units are occupied the entire year and the remaining unit is vacant the entire year. Total CAM charges are $100,000. Is the proper allocation...
Hi All,State of ILMy tenant paid just over half of the rent for the month of Feb. He has come out with various excuses about how he had mold testing done in the home etc (all bogus claims of mold) and that is why he d...
Two Disclaimers: 1. Before everyone comments there is more to underwriting than projecting exit cap rate and it varies by market, know that I already know that, and this post is regarding a general concept and a quest...
I came across a bank-owned quadraplex for sale in a complex of 19 other vacant quadraplexes. Asking price has dropped to $1500, so about $2300 with closing costs. It's bank owned, so there are no other liens or back t...