Please be patient with me as I am new to posting. If I have forgotten needed info for your input let me know. After all the reading/practice I can muster, I have begun my first search for a multifamily in Cincinnati ...
Here are my numbers (rounded) for the first three quarters. It's for 11 units in rundown-rust-belt Ohio. I know I could be making more money, if I did not continue to invest in the houses. My plan is to continue to in...
I’m eager to here your recommendation / advise. Thank you.I have negotiated a deal. Have not presented a contract to seller, but we agree on terms and price and a 60 days to close for me to get financing. Ultimately, ...
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I have a potential deal on a duplex. On the surface, it seems like an OK deal, not great. I am trying t...
Hi,friends I am helping a couple friends to buy an apartment building . It is located at a college town, total 32 units and 46 beds. It was built in 2011-2012. Last year's net operating income is 266,000. seller is as...
Can anybody give some good real-life examples of people (or yourselves) that have overleveraged themselves in buy-hold real estate? What did it look like? What happened? What were the consequences?
Thanks!
Looking at a small apt building of 24 units as a buy and hold listed at $695,000. It was renovated last year so not much room for value-add. Rents are on the higher side as well. Roof and HVAC reserves have been accom...
Okay guys, this feels like a super-newbie/bordering on embarrassing question at this point. I have two multfamily buildings under my belt, but I'm now looking at my first commercial apartment building, which will be ...
I recently heard a podcast going over the 2-5-7 strategy.2 years5 homes (B/B+ neighborhoods using the brrrr strategy)7 years to payoff all 5 homesI personally like this strategy, but the brrrr (refinance part is trick...
This is regarding a triplex. Two tenants are great, and I never hear from them. One tenant feels that he needs a remodeled kitchen, new windows, doors, appliances, etc etc (he did receive new doors, cabinets, applianc...