Hello, I'm looking to get into my first deal and I think Multi-family near my house would be the best way to start. I have developed a friendship with the contractor I'm using for work on my primary residence and he b...
Hi All - Thanks in advance for any help you guys & gals are able to provide. I'm starting in Multi-Family investing and building my proforma out to analyze some properties in the Midwest (Cincinnati, Dayton, Colu...
Hello all! I recently started investing in real estate in suburbs of Detroit. I purchased 2 properties so far, one for 70k and another one for $59k.I'm an out of state investor, and I have an agent and a property mana...
Hi All,I was recently approached by my realtor who helped me purchase two rental properties over the past year, when he found out I was looking to start flipping houses come early 2016. He is interested in partnering ...
Hello Everyone!I've been running numbers on properties for about a month and finally found a 4plex for sale by owner that seems to be a great deal in my area. I've called the city to verify utility costs and have the ...
Hey everyone, I recently saw five quadplexes - all separately owned and listed - in a C+ area on the MLS.
Each property has (4) two-bed one-bath units. They are listed for around $210k - 250k each. Rent in the area i...
I have several rental properties now and having been sharing what I have been doing with my friends and colleagues. Several of them have expressed interest in investing with me but I am not sure the best way to struct...
Hello! I'm not new to the forum but I'm new to flipping houses. Good news though, I have decided to flip my first house shortly and I wouldn't mind if you guys ran my numbers/ gave me some advise just to make sure I'm...
Say there is a 4 unit property where each unit is the same size. 3 of the 4 units are occupied the entire year and the remaining unit is vacant the entire year. Total CAM charges are $100,000. Is the proper allocation...
So I know this contractor who has done a few jobs for me at my own home. He does high-quality work and is trustworthy. During the most recent time he was at my house, I asked him if he ever does any flipping. He sa...