Hello all, wanted to quickly introduce myself. My name is Mat Simmons and I’m the founder/CEO of SIMM Capital! I’ve been actively investing in real estate since 2006. Currently run multiple funds that hold a total of ...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $30,000,000
Cash invested: $150,000
Partnership with Pace Morby and Veena
What made you inter...
Hi all,
I can't even introduce myself as a new investor as I'm not even there yet. More accurately, I'm in the information gathering phase. Reading about forced appreciation. How do you estimate how much the renovati...
Hello everyone,I am a new real estate investor and WashU student (18) from St. Louis MO. I am looking to do my first house flip. I am trying to figure out the best way to fund the deal. I have not found a deal yet, I ...
My tenant says that her dishwasher doesn't dry and something else about the laundry washer.... I am going to attempt to fix it myself and would like some tips on how I should go about this.
I was thinking that the v...
I'm looking at my first duplex. The area is almost strictly SFH. And this particular duplex is completely renovated where the others are not. What's my best bet for getting comps for purchase price and also rents? Has...
I am looking at a 3 unit with mo gross rents of 1100. The price is too high, but how do I figure out what my max offer is based on the rents?
i know ive seen a "rule of thumb formula" bounced around here somewhere.
...
I found a deal that I need to figure out how to work. There are two properties that would sell for about $85k each next to each other ARV. The owner is about to lose one property to auction and owes $12,000. The other...
Hi BP family. I have been working with the calculators on BP but am having trouble finding the numbers to use to get a true analysis. When it comes to property taxes, on any of the real estate sites, It gives a monthl...
My husband and I are new to multifamily purchases. What is a good way to figure out what the property is worth? Looking at land/tax records indicates the seller is way overpriced (by $100k), but I know that is not w...