Hament Raju Mahajan
Multifamily per door price vs SFR and condo sold price nearby
In performing large Multifamily project (say 100 units in , C location, low median income) due diligence how could one compare the per door price of the asset being acquired and the price of condos and SFR for sale n...
David Zheng
Need help with a big tax question
Hey guys have a quick question about selling a refinanced building*not the exact numbers at all*Lets say I buy a property for 100k (20% down), put 50k (cash) into it. now Im "150k" in or 70k of my own cash in. the th...
Jerry Gurley
The Advantage of Door Knocking
We closed on a deal last week that would not have been possible without door knocking. I monitor delinquent tax cases and when a judgment is rendered the taxing authority is about 2 months away from a sale but it ...
Peter Mckernan
Renewal Inspection
Hello Everyone:I wanted to get some insight on how people usually handle their lease renewals. I have a tenant that will be renewing their lease in April and wanted to see if when the lease is renewed to also perform ...
Lyndsey Whiteaker
What are your best practices at finding good maintenance men?
So!Our biggest struggle with having a portfolio that is growing is finding a good maintenance man. We have hired and fired two within the last month. Where do you look for them?What do you require as a skillset? What ...
Allan Brooks
Rental property pricing in Phoenix
What are the pricing range for a 1-4 unit home in the Phoenix area ? And what is availability like?
Janae Aasen
Inherited Tenants - New Investor
Hi, My husband and I are new investors in Southwest Michigan. We currently have our first two properties under contract - an 8 unit and a 4 unit one is a C+ property and the other a B-. Of these 12 units, 11 are curre...
Account Closed
Bought out my ex-girlfriend - what's my new cost basis?
Years ago, I purchased my first primary residence with my (then) girlfriend. We each paid 50% of the down payment, each paid 50% of the mortgage and any improvements. We split everything equally. A few years later we ...
Alexander Parada
How much cash flow in multi family
Hello Guys,
Question for guys looking to invest by end-of year in a multi family building.
Lets say it cost two million and has fifteen doors. Lendor wants 25% down. So mortgage is $9,000 what cash flow would be ac...
Mia Shlomit
Local bank that will underwrite with only external appraisal?
Hello,I'm seeking a mortgage on a property that was purchased in a recent sheriff sale, property located in Union City, NJ.I've been assured that that are local banks that will underwrite mortgages even on the basis o...