I started in a partnership 3 years ago. I was the money man and a seasoned REI guy was going to be the operations. I have gotten all my money back in refinances from my initial investment, but my partner is not fulfil...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $650,000
Cash invested: $350,000
Sale price: $880,000
We purchased this 13 unit apartment complex ...
*7Mn in capital potentially needing to get placed*
An agent and I are thinking of creative solutions for the best solution to this opportunity. We have the listing on a 65 unit portfolio sale with a 32 unit apartme...
Hi all
I was wondering how to find the ARV of a multifamily that needs repositioning!
I want to make offers between 50% - 70% of ARV but I have no idea what the ARV will be. I understand cap rates, GRM and all that...
I had a sewer line collapse in my duplex last fall - the old clay pipe collapsed, causing black water leakage into my basement and I called in Roto Rooter for an emergency containment and restoration since I had tenan...
How do you get an HOA to their job in maintaining the exterior of a condo complex in houston Texas? Can you sue them?
I am under contract to purchase my first multifamily. We are in the due diligence phase of the process. What are some keys to this transition both operationally and tenent wise that I should include in agreement for...
Hi, can anyone clarify if the Cash on Cash formula includes the principal payment or only interest expense?
I'am relatively new to USA flipping business but have a strong experience in other countries with a different kind of accounting/tax systems . I have looked through the search but have not found something correspondin...
A guy is trying to sell his moms property. Local Properties are around 180kHe wants 175kMom owes 140k on the loan.Downpayment they want is 5000I have about 40k ( leverage?)Rent in the area is 1100No Agent will be inv...