Jason Conover
Starting my first rental
Refinancing my current home to use as a long term rental. Grate rates available, a lot under 3% for 30 yr fixed. But get very expensive in closing costs. Curious about folks thoughts on buying points to get a super lo...
Joel Senko
Looking for help/advice on a 22 unit multi family complex!
A 22 unit complex just came up for sale in the city I live in for what seems to be a very handsome price (1.29 million- which is roughly 53,000/unit) the numbers show great returns on the property but I need assistanc...
Tony Stancato
Analyzing Property financials
Just curious how one with much more experience would go about determining whether this deal is a good deal or not. There are some things that seem low such as repairs and vacancy allowance.
Peter Morgan
Redeploying 500k equity vs Low 500k mortgage rate
Hello,Since both refinancing and HELOC are both expensive at this time. What would you advise to someone who has 500k equity (post taxes and fees) and 500k with a low interest rate of 2.5?Is it possible to redeploy 50...
Mike Richter
Looking for my first Apartment Complex
Hello everyone!It's a wild and wooly 2015 so far! There are currently 6 apartment complexes available in my market area, 2 of which are in D or worse areas, 2 are represented by REALTORS specializing in residential tr...
Paul Guilbeau
Multi family numbers on specific deal.
My partner and I are very close to closing on approximately 2.4 acres of land just outside of Houston. We have met with city officials and they are very eager to get more development in their city. I have done the n...
Joe Splitrock
Where do you park your money?
I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...
Chase Gochnauer
24 unit complex - high expenses?
Hey guys,I'm looking for my first large multi-family. I come across one that is in my sweet spot as far as location. Exteriors are in good condition. Interiors are very dated, a couple of units have been completely re...
Charlotte Dunford
Expense and gross rent income ratio?
What percentage of expense/gross rent income do you expect for a 40- unit apartment building, built in the 1960s, class C building? 40%, 50%?
Flavio Zanetti
Anything wrong with this deal?
My partner and I are looking into this investment property... Initially, it looked too good to be true, but even after finding some hiccups, I still believe it will be a go - thoughts, comments, suggestions, concerns ...