Adrian Jones
How to Vet a GC or Contractor
Hello to all. Hope everyone is doing alright in this new world! So I am going to partner up with a business partner of mine to acquire and renovate a few properties. I have renovated properties in the past, but have ...
Jesse T.
Fix-up vs. sell "As-Is"
I bought a SFH in Reston, VA in 2007. We moved down the road to Herndon, VA and listed our previous home for rent. We have a short-term renter moving in.We are considering selling when the renter moves out. The pro...
Brian Fournier
Question about "due dilligence" on apartment building purchase
Hi Everyone,I am in the process of making an offer on a 12-unit apartment building. I have owned smaller rentals but this is my first "commercial" sized acquisition. My question is about the "due diligence" period b...
Art Warshaw
Multi Family Investment Story
Investment Info:
Large multi-family (5+ units) buy & hold investment in Catonsville.
Purchase price: $3,800,000
Cash invested: $500,000
44 unit apartment building with total monthly rents of $36,...
Austin J.
Finding that first deal, choosing a strategy.
I have decided I want to buy multi family properties with the goal of building passive cash flow. I’d prefer to have a property manager from the start. I have about 15k to work with, a partner who is interested in goi...
Steve C.
Tour messy current unit to potential tenants
My current unit is occupied by current tenant and it is definitely not in a tidy state. What do you do in this situation? Do you still show the unit to potential tenants?I posted pictures for the unit when it was stag...
Robert Horvick
Deal Analysis (Just learning) - What am I misunderstanding?
I found a property on Zillow and ran the asking price numbers through the BP calculators and came up with $439/month cash flow at 39% ROI. Both BP and Zillow agree on the rent estimate and it doesn't seem out of line ...
Matthew Lewis
Scare me away (from 55+ MFH rehabbing)! Or, not.
I'm in Mesa, AZ, which, if you haven't toured, has too many 55+ manufactured home communities to mention. Homes can date back to the 80's and can be had at very low prices when in need of rehabbing (decent spread as a...
Andrew Busby
Tenant Screening Questions
Can anyone give me some great pre-screening questions to ask a potential tenant by phone or email, before I give them a tour of the property?
Stephanie M.
Tenant lease is ending, does not want me to show his side
My tenant's lease is up soon, and he is going out of town this weekend. He does not want me to show the property when he is gone Fri, Sat, Sun. I need to get a new tenant to take his side though asap. Anyone ever have...