Gary Reed
Advice on buying mulitfamily in NYC?
Hi Everyone,My business partner and I are looking to get into real estate investing. We are in the very beginning stages of researching as much as we can. After doing some research and speaking with some people alre...
Nicholas D.
Home Insurance (ACV vs. RCV)
I'm hoping to close on a duplex near the end of this month for 50k cash. The area is lower income, and many of the homes are older (1920-1940's). This property is no exception, it's believed to be built in the 1920s.
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Marcelle Abel
Looking for advice on OOS investments
Hey all! I currently own two STR's but would like to explore the option of a LTR OOS. I live in OR where the price point is far more than I'd like to spend as I'd love to potentially purchase with cash if the price is...
Garrett H.
Cash Purchase Rental Property by Mortgaging Another Property
I'm exploring options to generate enough funds to purchase a $450k investment property but don't have the liquid cash. I have another rental property free and clear and considered securing the funds by taking a mortga...
Spicer Matthews
And Then the Roof Caved In: How Wall Street Greed and Stupidity Brought Capitalism to Its Knees by David Faber
I have been on a recent rant lately about real estate books. As we all know there are many good ones out there and many bad ones. What most of them tell us is how to buys and sell and get super rich or whatever. If th...
NA NA
4 plex questions
Considering buying a 4 plex for $595,000 at 6.5%. And 0 down. (VA lender) Total collected rent would be at about $67200. What is killing me is after factoring in property taxes of about $9000 for the year and 10% of t...
Mike Shemp
Duplex has older furnaces and water heaters - question
Hello! I recently looked at a duplex and wanted to get some thoughts on if these items should be factored into the offer price:The water heaters were over 10 years old, both gas furnaces were over 10 years old, the wa...
Parth Shah
Newark NJ 6 unit - Please help
Hi All, I am trying to obtain my first property and have checked out this property in Newark, NJ. It is in the Upper Clinton Hill area of Newark. Here are the numbers, tell me what you think:Purchase price - $399...
Brett Mack
First time syndicating
When working on your first syndication, how does one find investors/sponsors to help you finance your first deal? Currently, I am about to close on a quadplex in Birmingham, AL. Now I want to move onto commercial real...
Michael D'Elia
Civil Drawings - Pricing
Hello everyone, I'm brand new, as in my first development deal ever and have gotten to the point where I need civil drawings. Does anyone know the factors involved in pricing civil drawings? I'm curious if anyone here...