Vincent Hearn Jr
What's the best approach to this motivated seller?
Good morning. Right now my real estate priority is finding wholesale and rehab deals but I motivated seller responded to my marketing and to me, in my limited REI experience, the only exit strategies for this deal wo...
Daniel Ortiz
Reserves - How much cushion do you need?
Hi All, My goal is to purchase a multi family rental in 2018 and house hack it. I'm curious to know how much you all budgeted for reserves when you purchased your first deal? Would you take your 401k into consideratio...
Mike Dymski
commercial vs landlord insurance (and LLC implications)
New to the community; so, thanks in advance for the help. Been reading the forum for years. I have a 25 unit apartment complex in its own LLC and two duplexes and a single family home in my personal name. I have read ...
Amir M.
Newbie from Queens, New York City
Hi BP, Long time lurker of this wonderful community. Decided that it’s time to start communicating with you guys and be more involve with discussions. I am just a 21 year old male, studying Applied Mathematics in coll...
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Hello from South West Missouri
I have just found your site and I am excited to learn from you all.
I have not been in REI all that long, but I have done some deals. Mostly flipping, love the double closing side.
I hope to learn as well as share m...
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My Biggest Fear
Is once I have the property being able to sell it. Im talking about doing rehabs.
I mean I justt told my partner that we have to figure in carrying costs. But I was just talking to a mortgage broker who said an inves...
Jacob Galloway
Refinishing cat per catastrophe or starting over
My brother and I bought a three bedroom one bath hoarder house in Northwest Indiana with the plan of a slip to gain capital for further it and hold investing.The house has 800 sq foot of original hardwood that have ...
Luke Morris Tamney
Skipping the inspection?
Hello,
My wife and I are buying our first property. As the market leans so heavily in the sellers favor at the moment, my agent has advised me that skipping the inspection might be the make or break issue to make th...
Account Closed
What exactly does a title company do that I can't do myself?
It seems like a scam. I can search the property appraiser to see when the title was transferred. I can all the tax collector to see if taxes are current. I can get a copy of a warranty deed from the courthouse for nex...
Tim Little
Multifamily in Richmond
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Richmond.
Purchase price: $85,000
Cash invested: $25,000
Fully rented duplex in northern Richmond, VA which I purchased fo...