Quincy Mingo
Purchase 3-unit from Business Partner (Buyout and Capital Gains Tax Liability)
I own a 3-unit multi-family with a business partner. The mortgage is in the name of my business partner. The interest rate is 4.5. We put 5% down when we first purchased it in 2019. The loan is not assumable. I want t...
Ryan Sanders
Lease Option legality issues in CO?
I have been looking heavily into lease options, but I have seen some on here saying there could be legality issues. Apparently some laws were enacted on the federal level to restrict a person's ability to take advanta...
No Name
Realtors helping those in default
As everyone knows foreclosures have skyrocketed in the past months. I think that it would be good for Realtors to help those in need.
Susan Morgan
Renovations Help!!
Hi,I'm in the process of purchasing a short sale. It's in bad condition and I don't mind doing the renovations but I need to be very economical otherwise I'm not making a profit. I'm confused on how I can economize. ...
Mike B.
New Austin Landloard - What to do now?
My wife and I got married and move to the Austin suburbs back in 2017. Right away she started pressuring me to buy my first house, so we drove out to Leander and picked up a new build for $230,000. It was the FIRST ho...
James Wagner
NEED ADVICE! Tenant trying to get out of lease 2 days before move
Fellow Landlords,My tenants are trying to back out of the lease 2 days before they move in. Any advice would be great. Here's the background:I have a 1973 SFH in Wichita Falls, TX. 4/2, 2143 sq ft on a corner lot. I a...
Chris Yeakel
Cap Rate Comps and True Value
Hi all,When purchasing a commercial multifamily, should one use cap rate to determine the “value of the purchase”, the potential value of the property, or both? For example; if I have a property selling at a low 6% ca...
Andrey Y.
What would you do? Tenant gone
Good evening all,Wondering if anyone has been through a roommate or tenant just disappearing. This gentleman in his 40s, I saw him about 7-10 days ago, then when it came to pay his rent, it never came. The rule in Haw...
Jerry Fung
Cap Rates for Large Apartment Complex are Lower. Why?
I am a new investor in New Haven, CT. I notice the cap rate for large apartment buildings (50+ units) tend to price at much lower cap rates than smaller apartment buildings (4-10 units). I'm referring to cap rates i...
Bryce Clark
Need to spend $4 Mil on STRs ASAP
An investor friend is selling his business and will have around $4 million to acquire properties, mostly limited to Opportunity Zones. Obviously a tax deferral + investment play. It will all be invested in STR with th...