Philip Lamachio
Evaluating MHP based on cash flow
I've found a fairly dilapidated, smaller mobile home park (maybe 20 units?) that has only 1-2 actual tenants on the property with numerous abandoned homes. It sits on a very nice little pond in a rural setting by not ...
Jonnathan Thompson
Using other peoples money
I am sure this is dependent on a lot of variables and how the deal is... But I am curious to learn.I see all over the place saying to raise funds for deal from other people. They're talking about friends, family, inv...
Forrest Holden
Raw Land Flip
Hello all, I am interested in buying raw land at auction at far below fair market value with intent to "flip" the land at just below fair market value. How long would I want to hold the property before selling it in ...
Mark Davis
refinanceing a rental property
Hello, I built a house three years ago that I currently rent. My plan was to refinance into a 30 year mortgage and pull some equity out for my next real estate deal. My bank has told me that since I put the property ...
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
This trend has been growing increasingly, but it's actually hurting most new investors. I've read so many posts from people in their early 20s talking about getting out of the rat race before they are even in it. Mayb...
Reginald S.
I buy houses as-is but what do I do with tear-downs?
Hello all! I would like to know just how you guys handle 'tear-down' leads if you know that you don't already have an investor that will buy them from you on your buyers-list? My marketing states that I buy houses as ...
John McKee
Who has made the leap from a duplex to a 20 unit or more complex.
Interested to know from those investors that made the leap from a hand full of duplex's to a larger apartment complex. What did you learn about the bigger deal. How did you manage it? What systems did you put in p...
Charlie Moore
What Cash-on-Cash Return Should I Target in Multi-Family?
I am looking to deploy 200-250. I understand that IRR is the more common metric in MF. Just curious in the near term what I should expect to make on my money. I am willing to do some value add. I am looking for B clas...
Joshua Wren
Newbie from Gainesville, VA
Hello, my name is Josh and I’m a newbie trying to get into real estate. I live in Gainesville, VA, but am looking to invest in multifamily homes and rent them out in the Midwest, Pittsburgh, PA, and upstate NY becaus...
Michael M.
Lawsuit Statistic & Attorney Calculation
BP,
Two questions:
- Does anyone know of any statistics illustrating the percentage of landlords that actually get sued by their tenant?
- When filling out the APOD on a deal, at what percentage do you input for at...