Acquiring 88 units out of 200 units in a fractured condo deal, we knew going in, getting the terms we wanted we're going to be quite challenging. History on the property ... back in 2004 this property was ran as a 200...
What kinds of improvements add the best value? We currently have two flips in process, and I want to make sure we don't waste capital on improvements that won't return value. I will give you the general specs for this...
Hey all . . . I had a few questions that I was looking for your insight on. Please feel free to share your thoughts on the various subjects.
1 - Are you seeing a settling of prices in foreclosures (REOs) right now?...
Our minimum qualifications for our 4-bedroom rental home lists, among other things, "Applicant must exhibit a responsible financial life. Credit score must be a minimum of 600." Three adults submitted applications to ...
My first deal closed today and I just deposited my check into the bank. Here's how it went down:
I found a burn-out that was being advertised for $15k. I saw the ad in the morning, went to look shortly after lunch, a...
Can someone please tell me if they have attended Preston Ely's new webinar about hedge funds buying up the real estate market with Billion (with a "B") dollar acquisitions? He states "mom and pop investors" (uhh, that...
My direct marketing campaign yielded a motivated seller of some condos local to me that I'm interested in acquiring for buy-and-hold rentals. The complex is a single 15 unit building in pretty good shape physically, ...
Just last month, I purchased 2 single family rentals. This was my second deal. My first was in 2016 for a turnkey 4-plex with a property manager in place. This time, I decided to go the single family home route and...
I'm considering a full time employee to help with a renovation on a 1100sqft, 3 bed, 2 bath house I bought with a lot next to it on which I plan to build a new duplex in Fayetteville, NC. I can do all the work myself ...
Hello there!I'm having difficulty breaking through gatekeepers for loans and am looking for advice. Here are the details
We (my brother and I) have a newly formed Series LLC (this year) with no assets tied to the LLC...