Russell Sutton
Looking at a 160k property that could be worth in north of 650k
Hello all,This is my very first post on here. I recently found a property that has been vacant for many many years. It was up for sale multiple times throughout that period of time. It Is in need of major renovation. ...
Chihiro Kurokawa
Direct Mail to source multifamily deals
Have any of you used DM to source deals? I'm planning to target a list of ~700 multifamily owners once a month for six months and I have a few questions.1. I'm not sure on postcards vs. direct mail - do you know which...
Rosston Smith
9 UNIT ANALYSIS (HELP)
Alright so I currently am in negotiations with a local property owner. Its an off market deal so I'm not in a huge hurry, but plan to make an offer within the next week or two. I have the numbers listed below. Things...
Jeff Johns
Getting a Roommate in a property I own
Hi BP. I have a client who recently purchased a duplex and is currently occupying 1 unit. He wants to rent out 1 bedroom in his unit. He obviously wants to rent to someone he likes but is worried that if he excludes a...
Matt Ward
What are YOUR criteria for investing?
What it says. All things considered, in your market (obviously all markets are different), but in your market what do you look for in order to invest:Cash ROI?Total ROI?Cap Rate?Cash flow?What do your typical numbers ...
Mark Millich
Potential Deal in Class D Neighborhood (New Investor)
I potentially have the opportunity to buy a package deal of two properties in a very low-end area (Class D – potentially lower).
Here’s the information:
Purchase Price - $50,000
The properties are on two separate ...
Jack B.
Neighbors trees leaning heavily toward my rental, one already fell and damaged RV
Neighbor was contacted about trees leaning heavily toward house by tenant. Neighbor refused to cut trees down.One tree fell on tenants RV, totaling it. Tenant had to claim against their own insurance. There are additi...
Dustin Burke
Advice PLEASE- Hard money vs conventional to finance fix & flips?
We, my brother & I are just starting out in this exciting world of real estate investing. One of the things that gets me excited are all the options and possibilities. So many paths can be taken and one not n...
Account Closed
Understanding the Numbers on Buy & Hold
The property Property $200,000 Down Payment 20% - $40,000 4 unit complex – rent per unit $800/month ($3200/mo total) 2% Rule – at 2% this property would rent for $4,...
Jonah Richard
Limited personal guarantees split across LLC members
As the title suggests, this question is about whether any investors out there have been able to - when refinancing a residential property bought with cash and held by a multi member LLC - assign limited personal guara...