Account Closed
My second investment retrospective.
A quick overview: I am doing these write-ups on my first couple real estate investing endeavors for a couple of reasons. First of all, I am trying to let people know more about myself, and especially those of you wh...
Ryan Cleary
$3,300 to paint 1,500 sqft? (Ohio)
Just got a bid presented to me by my property manager from a contractor of $14k for tenant turnover, incoming rent for the unit is $800... I know the unit well and it's not in bad shape. Some of the items are totall...
Pete M.
Off-market duplex in Tacoma, WA - help me analyze
Hi all,Connected with a MFR broker (investor himself, too) who brought to my attention an off-market deal for a duplex in Tacoma, WA. This is in the South Tacoma area, 98418 zip. I'm leaving in about 30 mins to go s...
Richard Merkuris
Is it wrong to raise rents on existing tenants every 6 months
Is it wrong to raise rents on existing tenants after property has been purchased every 6 months tell rent is to rent level in area? (increments of $25 which would be a total of 2years in all to reach)
Paul C.
Note Funds with Upside
Does anyone know of any note funds where investors participate in the upside?I've seen funds that offer a preferred 8% or 10% return, but that's it. I'm interested in seeing if there are funds with possibly a lower (...
Jonathan H.
Negotiating mortgage rate? Amount?
Hi guys,
I am looking to do my first property purchase within the next 3 months but have a few questions about the mortgage rate and amounts.
Im just curious to know how to negotiate these?
Example:
If I want to p...
Stephanie Goodman
Financing rehab - 50 unit apartment complex
I'm considering purchasing a government owned apartment complex that is totally vacant with 50 units. I can buy the property for next to nothing as long as I agree to rehab it, which I'm estimating will cost between 1...
Chris Morris
Looking to Start a Wholesaling Company! (FEEDBACK WANTED o_O)
I'm eager to kickstart my business, but I could use some direction on where to begin. Should I prioritize market research or focus on building a network of industry contacts? If you have experience in wholesaling or r...
Michael Andrews
Help assessing a deal with the 1% rule
I've been looking for my first multifamily property and I found a fourplex that just popped up on the MLS at $330,000 getting a net rental income of $2500. Looking at the 1% rule the price is way over the rental inco...
Payvand Milani
Hi everyone :)
Hi all - I'm married with one child so far, in my mid-30s. I'm an outpatient internal medicine physician here in the Bay Area. For the next 3-5 years, single income household here (wife staying home with kid(s)). Very...