Investment Info:
Large multi-family (5+ units) buy & hold investment in El Paso.
Purchase price: $1,656,000
Sale price: $2,450,000
Contributors:
Vince Gethings
This was a 48 unit ...
I'd like to acquire my neighbor's unit, perform some long-needed updates, and add it to my portfolio as a rental property.I have a condo in a 50yr old complex, and a few months back my neighbor (one of the original ow...
Hi all,I'm looking for feedback from experienced multifamily managers and renovators. What are the key metrics and measurements that I should be using in my analysis to determine my 'go or no-go' decision on performin...
I'm just concerned my six months worth of reserve will be enough. RE as a community we always talk about the wins. That's important. But I'm just wondering how RE performs during recessions. What happens when unemploy...
Good Day All!
For my first judicial sale purchase, I believe a made a sound purchase. After the sale, my first instance was to make sure my purchase was according to all governing laws regarding the sale process. D...
I've read dozens of books and taken courses on lease-options. Many recommend you get the purchase agreement signed at the same time as the option agreement and lease agreement, then hold it in escrow until you're read...
Hi all BP people out there. So I've been reading a lot lately about whether to pay cash or finance deals. The leverage arguments out there are really amazing. The cash buyers arguments are really sound. So long st...
I am looking at house hacking, to give my wife and I some breathing room and I can focus more time into my big goal of apartment complex investing. We found a potential double but the upper unit needs some work. I bel...
My wife and I are looking for alternatives to investing in the stock market to increase net worth long-term and while we value cash flow from an investment property, we have a 15 year retirement horizon. Combined we ...
Hello Smokies investors! I wanted to introduce myself and my company, Handy Central, to everyone. We specialize in "all things repairs and maintenance" for STR investors within a 30-mile radius of Gatlinburg.
When...