I am a new investor looking to get started and read about three companies that are turnkey and talked to all three and having paralysis by analysis. Any one worked with either Roofstock or Norada or MemphisInvest? Rec...
Does anyone have any experience working with Rent to Retirement? I have been looking into it because they’re a frequent sponsor on the podcasts and wanted to get some feedback. Thanks!
I've never invested in investment rental properties and I have a question. I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...
I bought my first house July 1st, and at the time everything looked settled up and I appeared to have it free and clear. While switching the water/sewer to my name I learned they have a 3 month delay on the billing so...
Hi all, I recently had both of my (amazing) tenants report septic backup through their toilets. Each side of my duplex is 2/1. I called the septic company that did the original inspection 18 months ago at the acquis...
Hello BP family,I was scheduled for a closing this Thursday. Quadplex: 2br/1bath, cost $211k, seller pay closing. C class neighborhood. Repair 5k. New roof. Older hvac 12 yrs old.Cash flow:600/month with PMHowever, th...
Greatings all. So my wife and I have started a small real estate investment company here in Minneapolis. Our intentions are to buy and old REOs, rehab, and then refinance. I was shocked to find out, while reading thro...
I need help analyzing a duplex I've found a recently selling for ~800k and renting for $4100/month. I've calculated the mortgage payment to be around $5500/month with a 6.6% interest rate and 20% down so that means th...
Correct me if there are things I'm missing, but here is why I think this situation is different for multifamily than any other recession.
This is not like any other economic crisis because the gov
immediately deci...
Hello, I recently leased my first rental property and need a better understanding of how to go from one tenant to the next in the shortest amount of time possible. Is there a set number of days I should plan for bet...