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I'm looking at a smaller deal where the financial statements are not well-specified. It's a mom + pop owner-operator situation.For instance, it looks like they may have put large capex expenses under "repairs." I see ...
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Hello BP!I work as a residential construction foreman in Billings, MT. I have an opportunity to buy a small house (500sf) on a large duplex lot (7000sf). My wife and I cannot afford the purchase price and rehab togeth...
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Just testing my numbers and what an offer should look like. Any feedback/input is appreciated!! (Keep in mind this is just a made up deal)Asking price: $700,000 for 10 unitsArea has 9% cap rateMonthly rent is $675/mon...
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We fired one of our property managers a few weeks ago and are now hearing about issues of negligence and possible criminal activity with missing tenant payments and/or not properly handling security deposits. Because...
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Thank you @Tyler McCracken for that phrase.Anyway, ten years ago when I didn't know what I was doing when purchasing property, I bought a couple of four bedrooms with about 2700 Square feet of space in each. While t...
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Hello! My partner and I will be coming to Tampa on March 19th-21st. We have several appointments set but would like to connect with other multifamily investors, brokers, property managers and contractors. We are looki...
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Me and a friend (50/50 partner) are going to the bank next week to attempt to secure financing for our first deal. One thing I want to do is make up a "packet" with pictures of the property and the vital numbers. What...
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I have an international applicant.They don't have a social security, but they have a TAX ID,How do I screen for this?
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Can I contact a listing agent and ask for more information about a property such as, gross rental income, net rental income, property vacancy rates, etc.I am trying to value 2-4 unit properties but I can't get an accu...
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What is the typical compensation for syndicating a deal?