Chase Gruening
Negotiations and Cap Ex
I am getting close to getting a contract on my second multifamily deal. I am having trouble estimating a accurate cap ex and we are about 20k apart on 330k counter offer. The deal involves 3 separate duplexes (6 total...
Joshua Villafranco
Getting first property through owner financing?
I’ve been wanting to get into REI for sometime and I’ve came up on a possible duplex but it’s owner financed. What are y’alls opinions on a duplex for a beginning property and also on having it owner financed?
Alex Vargas
How would you structure this deal for a win - win?
I'm in the talk right now with a local investor to owner finance on a duplex that he owns through a lease option. The current value of the duplex is at about $210-220k.His terms that he talked to me about and through ...
Francesco Barbati
Take the plunge and buy or walk away?
Hi everyone,I have a two part question to ask and I highly appreciate everyone's opinion.My wife and I are buying our first property in Boca Raton, FL. The money was lent to us at no interest (a total of $224K) which ...
Paul Chae
What to say to exising tenant wanting to move into renovated unit
Hello everyone,
I have owned this quad since earlier this year. This one is my first multifamily property in central New Jersey. At the initial stage of renovation in one of the units, one of the tenants in other un...
Jay Garrison
new landlord, tenants overdue and no lease
Hi,I just bought my first place a two flat with a garden unit in Chicago. The first floor is empty, but the second floor tenants haven't paid yet for April. I didn't find this out until the closing. The basement tenan...
John Walston
How to get FSBO under contract?
Happy New Year folks. I have a potential property that I would like to put under contract (first deal), and it's an FSBO home. I'm totally new to this and don't want to build rapport with the owner, without miscommuni...
Gerardo Hernandez
Converting a single family home into a duplex
Hello everyone, I am trying to do my first home hack but unfortunately their is no duplex in the market in my area in Baraboo WI that work for me. I found a home(205k) that seems to have great set up for a conversion ...
Account Closed
Big Bear, Little Mess
Investment Info:
Single-family residence buy & hold investment in Big Bear Lake.
Purchase price: $320,000
Cash invested: $41,000
This property is a short term rental in the Moonridge area of Big ...
Akeem Ogle
Successfully Solving NIGHTMARE Title Issues
Hi Bigger Pockets Members,I wanted to take a minute to recount an experience I had with a recent wholesale property. I hope that this can help someone who may be struggling with the same type of situation. I'm aware t...