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Hi all -I'm evaluating a short sale with the intention to BRRRR it. I'm currently "house hacking" a 4-plex. This would be my first short sale and BRRRR. I could use some help checking my numbers / plan...Property deta...
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Hi all,Relatively new investor here, i've completed a few single family flips. My intention now is to acquire properties to rent and looking for advice on current strategies that cash flow best in western WA now and i...
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Is there any benefit to getting a 100% exam score when getting my license, versus a 70% minimum score to pass in Ohio? (Ex. Better exposure somehow through companies like NAR) Perhaps it's like a driving test where as...
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Looking to buy an investment town house. The HOA is under litigation. I heard that can cause financing problems.In digging further the litigation is from a single person complaining about not being treated well by HOA...
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Hi all,Just closed on my first multifamily on Sept 6th. With rent already collected for the month of September, I was expecting 80% of that rent being sent to me (24/30 = 0.8). Having just received that check I come t...
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I am an agent. My friend is selling her house to her tenant. Seller lives out of state. Does not want to make repairs or have to clean the house. Wants this sale done quickly. There is a decent amount of equity and...
I'm a beginner doing a CMA for a Multifamily. 1. How do you value the difference in the number of units between properties? Do you use the rent generated by a unit? 2. Also, what is the value of a 1 car garage, a 2...
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I am doing the due diligence on a duplex in Central Maine (https://www.realtor.com/realestateandhomes-detail/46-E-School-St_Oakland_ME_04963_M42271-18089?view=qv) trying to determine how much the seller paid for the p...
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I am about to place a bid on a HUD property. The agent I am working with is saying I will need to bid about 117% of asking price to win the bid. Is it common to have to bid this high? From what I read 88% of ASKING pr...
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I'll be purchasing my very first multi-family rental properties (buying two multi-family homes). I want to create LLC to protect my other assets. However, I'm a little confused about insurance. Someone suggested th...