NIcholas Hamel
How to verify sellers numbers for heat/gas/water
Hey everyone, I want to say thank you for all the great advice this forum has given me so far. Im trying to buy my first 4plex right now. The seller has given an estimate for what he pays for gas/water/electric. Wh...
Donna M.
Buy it cash and resell?
If I'm able to buy a property, all cash, and then resell it for a fee, what are the downsides? Would I have to wait until the deed gets recorded in my name to sell it? Is it a bad thing for the deed to be in my name...
Joe Edwards-Hoff
First Small Apartmnet
So, my dad emailed me a link to a Craigslist ad for a local multifamily for sale. We live in a small town of 12k people. All this said, I don't know how serious he thought I'd take it, but it has got me thinking. We o...
Bob Smith
Looking for virtual assistant help - bookkeeping and PM review
Own about 30 doors with a few different property managers. I work full time and don't have time to really review the property managers. Was thinking about hiring a VA who can review the PM expense reports and also com...
Brett Pirie
Business plan helpful for getting commercial loan?
Would writing a business plan with detailed financials help in getting a commercial loan? We are just staring out and much of the smart advice is to start out with a smaller property before moving on to multi-family....
Travis M.
A rezoning, and then a sale without mention of the rezoning
Hi all,I found a piece of property in a nice SFR neighborhood, which was just listed for sale. In exploring zoning, I noticed the owner just (this year) had an ordinance approved, rezoning the property to a PUD, which...
Paul Burbank
2nd position note help
Hi BP. I am currently working on negotiating an off market deal to sell my primary residence 3 unit property in Saratoga Springs, NY. The potential buyer wants to give me a good price for the property but would like m...
Adam Gregory
How to Fund 60 unit apartment acquisition with Zero funds
I'm analyzing a 60 unit building in Tampa and the financials look solid. 42% expenses, 8% cap rate, 14% cash on cash. Problem is I need a money partner but feel like anyone with $400k+ to put into this deal has the ab...
Anish Koshy
New and exploring Syndications
Hi everyone,I am new to the community and looking forward to learning more. I am primarily interested in syndications (I am accredited) and would love to learn more as well as meet like minded folks to discuss how the...
Robert Curls
Rent to someone who Shortsaled their home
Hello,
I want to get other peoples opinion on this. I'm in the process of renting my home in the Tampa bay area. I have an interested party but they've disclosed that they are shortselling their home. I ha...