How are people finding multi-family deals in Colorado Springs. I know it may not be the best method but I have been using a realtor and the MLS and everything I analyze seems extremely overpriced. Very low cap-rates (...
Boy I have learned A LOT from the first year of hands on ownership. Multiple hard lessons, many smaller lessons, tons of processes started, implemented, & tweaked. 1 successful unit turnover, & 1 in the proces...
Just curious who else loves to paintball here. I'm by no means team material but I got a wicked quick trigger finger(s) and love to speedball. I'm not a big woods or scenario player but it's cool when the speedball is...
There are 3 major risks investors need to be aware of before investing in a deal, in this post I’ll outline these risks and some strong strategies to mitigate them.
1. Investing in a poor sponsor team
The sponso...
Hey all, I’m not sure if it’s because of COVID or the current housing market in general in NJ/NY, but I am having such a tough time getting this to work. I purchased my first property, a two-family back in September 2...
Phoenix halts evictionsCity after city enacting eviction moratorium. How does a large multifamily owner deal with this and how is it going to effect your business? For me this is a major concern if not the biggest sho...
I am in the process of reading the rei beginners guide and was looking at the real estate market cycle. I understand how this works, but I was wondering. Can be small areas on a different stages of the market cycle be...
Hi
A buddy who is my neighbor in a commercial building. I have a retail store, he has a mortgage brokerage office.
He has this deal he told me about.
A builder he knows has 6 brand new residential properties in an ...
Hello Forumsince covid has anyone applied for and recieved an sba 7a loan for starting a business? Who would you recommend and what were the challenges?
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pompano Beach.
Purchase price: $315,000
Cash invested: $40,000
Buy and hold duplex in up and coming area. Forced appreciat...