I stumbled across a 5 unit multi-family and I wanted to know if anyone has experience in making the leap from 2-4 family units to 5+ unit properties. What are the potential problems in tenants, taxes or laws and whatn...
This is from Shea. He has about 4000 of these videos for Detroit I always seem to get entertained and learn something from Big Shea. This one investor has about 40 of these and lately bought a few dozen more I think....
Hello,I am in process of buying a property from family (2 bed/1.5 ba/1213-SF) and had agreed to $645K prior to appraisal coming in 80K - $566K - under the price we've agreed to. The property is a unique townhome/mid ...
I just got my first mortgage commitment for a small single family in Bellville NJ, I’m scheduled for closing next week. 900 Square feet, half duplex, very good condition for 188. It’s a property that I plan on living ...
Hello, BP Fam. Here's the scenario:Seeking advice: things to watch out for when buying Land and building a SFR in WA. What are some of the most common way you've seen people fail in new construction?Location: Bellevue...
I'm looking at a 6plex for sale in my area. Asking price is 334k, and I offered 299 with a counter at 325. I then offered 310k with owner financing of the down payment. DP will be 62k. I think it's under rented s...
Hi,I am a fulltime landlord. My debt ratio (total fair market value of units divided by loans) is about 25%. I know this is a personal decision but I am wondering what some other full time buy and hold investors are...
I am an (unlicensed) architect with just about 3 years of professional experience that has just made a huge jump into the world of commercial and multi-unit Real Estate Development by working for a small partnership t...
I need 75% future rent be the income for qualification. Is this rate too high?
Hey guys, Im 23 years old and just about to get my real estate license. I have money to buy a new car but I really hate 4 doors. My plan is to buy fuel efficient yet sporty Subaru BRZ sports coupe next week. But for s...