I have agreed to buy my first SFH investment property from a TK (turnkey) and just received the inspection report. The SFH is 60 years old but was represented as being "fully rehabbed". The inspection report is con...
I am about to close on my first rental using the BRRRR strategy. We (my son and I) will be doing most of the work ourselves including roofing, siding, gutters, windows, new floors, kitchen, bath, and paint. No major f...
I am happy to report the recent sale of a 240 unit apartment complex for $13.25 million located in Stone Mountain, Georgia a suburb of Atlanta. Last year I shared details about the purchase of this deal, here is the l...
Some of my rental properties already have appliances like refrigerators and dishwashers. I want to put into the lease that these units are just there as a courtesy, and the tenant is responsible for any repairs of re...
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
I'm involved in my first flip --I purchased it on May 4th and finished re-habbing a couple of weeks ago. Having received a pre-approved offer at nearly list price (FHA), I was informed by the buyer's realtor that the ...
Are there any apartment investors willing to talk about how they started in the apartment world, your first deal, any unexpected problems that may have arised and how you solved them, where you find your deals and esp...
I believe I miscalculated my ARV and contracted a house for too much. I may have to get out of it. I have a clause in the deal so that's easy, but I'm soooo embarrassed and hate to tell this old lady I can't buy her h...
I’ve been watching the markets for about 2 years and it seems to me we are about to see another correction like we did in 08/09. I just found a triplex with a storefront in a nice town but I am worried about getting i...
FolksWhat would one do with 1Mil or 1.5Mil Cash? Stock market is flat this year. I have a 4 unit multi family and understand Berkeley/Oakland Market. I don't mind moving to a large Unit size property. But this is...