Hey everyone!
What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...
Again, without writing a novel explaining the details and reasoning behind this (should be obvious to the experts anyways) - I want to locate properties owned by distressed sellers.
Maybe they're not even selling eit...
A common mistake I see for new investors is that they focus on finding the highest projected IRR. Experienced funds are offering 10-15% IRR yet newer syndicators are offering a 20-30% IRR.So how does a newer syndicato...
I've be seeing quite a few fractured apartment communities being marketed lately and these have always turned me off due to their complexities and challenges. Fractured Community - an apartment/townhome community wher...
I bought a decent townhome in Louisville, CO in January first week. It is a 3 bedroom townhome in a great neighbourhood. I put it in market after a few minor repairs. After the first week of low interest, I reduced th...
I am in a pretty good situation but not sure exactly how the paperwork should work. I have a partner that has money and is willing to put the full 25% down on properties that I find for a share of the deal. He is al...
Newbie checking out 7 potential rental properties this week. I'm wondering what I should be focusing on when checking them out. Carpet and paint are easy to identify and estimate and I've checked the county permit s...
I just closed with my first property which I had planned to live in while rehabbing. Just found out my lease on the townhome I have leased for a year has an auto renew clause. I didn't think much of it expecting to pa...
There are a lot of people who will tell you that hiring a VA (Virtual Assistant) is a great thing for your business. When they do, ask them what they have VA's do for them? DO NOT hire a V.A. to post on the internet...
A short tale of frustration, insurance, and tenant land lord relationship. I would have posted this sooner but things have been hectic to say the least. Here is the tale.So on Valentine’s Day I was in LA for a weddi...