Guillaume D.
How I Doubled the Value of my 8-Plex in 8 months!
Hey guys,So here's another success story from me. Last September, my partner and me bought an 8-plex for 660k with 52k in annual gross revenue. Market value for the property was appraised at 905k and economic value (b...
Kelvin Lee
Would you sell your property to the City?
City Commissioner Chloe Eudaly plans to unveil her idea requiring that multifamily owners provide the City of Portland 90 days notice before sale. As the Portland Mercury reports, she wants to give renters a 60-day op...
Jason Rhodewalt
What to do when selling and there’s a low appraisal
Hi we are looking to sell to our current tenants and they are getting an FHA loan. The appraisal came in $30k under the agreed upon price. The price we agreed to was what OpenDoor had already offered us so we could al...
Stacy Schlicht
Buying From Wholesalers
Hi – I am looking for tips and advice for working with wholesalers. I have some capital set aside, but I not local and have limited time to find deals.
A few questions for seasoned investors who buy from wholesalers...
Account Closed
Joint venture v.s syndicated
Can someone please explain the difference between a syndicated and a joint venture
Matthew Paul
Tenant wants deposit back the day of move out .
Decent tenant of 4 years moved out , only gave 2 weeks notice . I schedule a move out inspection the day he is leaving . They call for a east coast snow storm so he calls me and tells me he is leaving 2 days early an...
Jonathan H.
Does each state have a set commercial loan rate?
I am just speaking with a lender and he mentioned to me that the commercial rates below $500 000 (and above i guess) are determined by that states 'Housing finance commission' or Agency etc.
Is this the same for each...
Alvin Grier
How Do I Find My Own Probate Leads in this County?
I went to the Probate Court in Detroit a few days ago to take a stab at grabbing my own probate leads for Wayne County, Michigan.Unlike some of the adjacent counties, that have a book of all of the probate case filing...
Connor Johnson
Sheriff Sale With Federal Tax Lien
Hello,
Big time reader, first time poster. I am looking at a property in Texas that is coming up on the Sheriff Sale this month. It is coming up for sale because they haven't paid the local school tax. It had a Fed...
Sam Morgan
Should I refinance FHA to terminate PMI
Hi All!I purchased a duplex for $340k w/ 5% down on a 30 yr-FHA @ 2.75% w/ $21k all in. I currently cash flow $265/mo (10.6% coc). PMI is $213/mo. This is a house hack, so next yr cash flow $640/mo for a 25% return. T...