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So I have been trying to lease two properties. Great success on one, just leased to a long term tenant for $100 extra each month over the last tenant's rent. The other property is not going so well. I have had ma...
Hello everyone, this is my first post. I am serving in the Armed Forces and currently in the Georgia/Alabama part of the country. I am 23, married, and have no kids. Financially I have little debt to income ratio, ...
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Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
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I am currently negotiating a purchase of a victorian 4-plex.
The pros:
Amazing location in one of Portland's hottest neighborhoods.
Immediate upside potential-rents could handle a 20% increas w no improvements; 30...
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Hello BP. Like many (most?) of you I've been enjoying the podcasts for a while and am now officially joining the community. I would like to purchase a buy and hold n-plex and like many first time buyers, have spent a ...
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Hi everyone,I just wanted to write a bit about house hacking in NYC. I started in 2013 buying a multifamily using an FHA loan with a sellers' concession included. My total out of pocket for that house, that cost 400k,...
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Hey Everyone!
I'm working on getting educated and analyzing as many deals as I can as I'm trying to nail down which market I want to get into in the Raleigh area.
I'm curious what cash flow requirements you have fo...
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I am in the process of loan shopping for my first real estate purchase (2-4 unit multi family). I have gone to a mortgage broker (1 month ago) who initially told me I can do 5% down on a conventional loan and we did ...
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Typical Pre-Listing Activities1. Research Current Properties 2. Research Sales Activity from MLS and public records databases 3. Provide Average Days on Market Assessment 4. Review Property Tax Roll 5. Prepare a Compa...
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Hi everyone! I'm an out-of-country investor looking at getting into rental properties, and I'm very excited to get started. I'm looking at Little Rock, Memphis, and Houston. I've been reading through the posts on this...