Jason Malabute
underwriting Indianapolis and Kansas City deals
I keep getting beaten out on these cash buyers and 1031buyers and it's driving me crazy. I am actually underwriting correctly: 1. using the property manager's average expense per unit projections ($5000-5500) 2. u...
Vincent Harris
does this deal make sense?
Hey everyone! My girlfriend and I are currently renting for $1,700 a month and we came across this duplex nearby. There's a tenant in place paying $1,200 a month, and the following information in the MLS looked pretty...
Jeff Davis
Pre-approval timing for FHA on owner occupied MF
Hey everyone!Hoping to get some feedback on the timing of when we should apply for pre-approval. We are looking to purchase a MF property later this year or early 2023. We plan to live in the property and rent out the...
Willem Nichols
Single Family Triplex Situation Help?
Hey Guys! I have verbally accepted an offer on a unique house. It is technically a single family home but built in a unique way to where 3 sections of the house have there own exterior entrance, kitchen, private bathr...
Matthew Rosebaugh
Splitting a Multi-Family into Condos - Columbus, OH
I have seen a LOT of multi-families split into condos throughout Old Towne East, German Village, Merion Village, etc. Has anyone been through this process or have any advice?
Roman Porshnev
Gainesville - New Investors
Happy New Year, everyone! A friend and I have very recently taken the leap into the REI world. Although we are currently in New York, my friend has spent a fair amount of time in Georgia and Florida recently, particul...
Louis Ramos
How to properly work with tenant to consider other options
I have an owner who is currently renting a 650 sqft studio a mother with 2 teens. The owner was doing more of a favor to get her back on her feet. But she recently had another child so there are now too many people li...
Clayton Hutton
First deal - went about as well as expected
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $106,000
Cash invested: $5,000
In need of moderate repair and submetering, on minor foundational issue. Outs...
Paul Thompson
Large or Small Deals?
Does it make more sense to pull the trigger on several smaller deals (duplexes/4plexes) or wait for one larger deal (8-16unit multifamily)? Or is it just about finding the right deal regardless the size and pulling th...
Vanessa Watts
Ability 2 create- 4plex (residential loan) or a 5plex (comercial)
Hi everyone! Looking for some advice. I am currently remodeling a property that could easily be set up with 5 studios. I have been recommended to set it up with 4 units so it stays as a residential property and qualif...