Devin Beverage
Proper way to compare multifamily (multiplex) home values in an area
When determining whether a multifamily property is over or under-priced, how should comps be considered? Ideally I would image we would try to compare them to other multi-family homes for sale in the area, but if ther...
Bill Flannagan
Illinois Intent to Renew the Lease and Proper Notice to Vacate
I'll try not to make this lengthy. 45 Days before my current lease was scheduled to end I contacted my tenant to find out if she was going to renew the lease. She informed me that she did intend to renew the lease. Th...
Ellie Narie
How do I properly send out mail for off-market properties?
I am looking for off market 4plexes in my area. I have located a street where there are a bunch of them, so I am just looking up the addresses and the owner's names and contact info from public records (whitepages, sp...
Maria Laty
Where I can get a contract to buy properly with cash
Hi everyone! Finally seller and me agreed on a price :). I am paying with cash. What type of contract should I use and where to find it. I called local law office they said that they can do it for $ 225. Is it abs...
Chad Spanberger
How do I properly and legally do an owner finance buy?
My childhood best friend’s parents are selling their house and I am wanting to do a buy and hold rental with it but finance it with owner finance. I have never done an own finance before and would love some feedback f...
Kevin Medoza
How to properly inspect a property to give a good estimate
Hey guys, I was wondering what to watch out for when inspecting a house? I found a thread with the title "questions to ask a seller" that had some pretty good info already but I can't seem to find it again (I'm on my ...
Geoffrey Serdar
How to properly structure multi-partner LLC for multi-fam invest?
Hello,A few friends and I want to build a company, smaller scale, where each person throws in $5-10k in cash, then leverage the cash with commercial financing, in order to purchase Multi-family.They don't want to have...
Matthew John
Can you Properly Analyze a Deal if you can't see Inside?
I'm trying to analyze a triplex that's for sale, but the units are fully rented out and the owner wants a written (and accepted) offer BEFORE scheduling a time to see inside. He then said, to go inside I need an "insu...
Dave Mills
Pay off Mortgage of my primary residence or buy investment proper
We turned our first home into investment property in 2016, and we are getting $1200 a month. The house is paid off, and its worth around $170K right now.We purchased our primary residence for $290K(Current value 340K)...
Mateus Fernandes
Help! How do I properly determine the value of this property?
Hi guys,I have a question about the value of a property. I understand that large multi-family properties (5+ units) are appraised differently from small multi-family. What about three duplexes (6 units) in the same st...