David Jenkins
What are the differences between Multi-Family building classes?
I hear a lot about "A" - "B" - "C+" - "C" ect class multifamily buildings. In layman's terms, what are the differences between these classes? Thanks! :)
Oscar Riojas
Burnt Home- why not?
My wife and I are complete novice/rookies in REI, but learning as we can. There is a 3/2 SF home burnt down well enough for complete demolition, sitting in a Southeast neighborhood of Houston, TX. The average homes wi...
Karl McGarvey
Are New Builds the New Play?
A lot of changes in the market over the last 12 months, and even David Greene admitted on the BP podcast this week that cashflow just is not where it used to be and that you really have to start factoring in the ROI o...
Tracey St.Julian
Appraised values of new construction
I’m interested in using the preferred lender of the builder for a new construction duplex. My concern is if the property does not appraise for sales price what options do have besides paying the difference. Is the bes...
Cory Mickler
What are the ideal demographics of an apartment complex if I want low costs yet high rent?
I have seen a few properties in my area that are attractive. I came across a 6-unit condo style building that currently has 5 of its 6 units occupied and charges $720 a month plus utilities for $380,000 which I though...
Masroor Ahmed
9 months later -> deal #2
About 9 months ago, I bought my first REI, a 7-unit for $250K. It’s maybe a B- neighborhood and the major lesson has been that vacancies are tough to keep down. I priced the deal assuming 15% vacancy and so far it’s...
Kathleen M.
Hello from Texas!
Hello All and glad to be a member!Moved from Maryland to Texas and loving it.Looking forward to gaining investors as well as gaining investment properties and, lastly, improving Texas neighborhoods when needed.Thanks ...
Matthew Petroff
First Rental Property Deal
Hello everyone,
In November 2018 I bought my first rental property.
Characteristics:
Purchase Price: $160,000.00Down Payment: $40,000.00Gross Monthly Rent (at time of purchase): $2780.00/moCurrent Cashflow: $800.0...
Cynthia Garcia
Advice for new investor looking in the Ohio market
Hello, my name is Cynthia and I'm a rookie real estate investor. I'm based in California but looking to buy in Ohio, primarily looking at Cincinnati, Cleveland and Columbus. I am interested in properties in the 80k-11...
Trey Steiger
I Already own land and want to build apartments on it
I currently own about 1 acre of land in a pretty good neighborhood. There are 10 schools within a 10 mile radius and it is your typical "neighborhood". I was wondering how many units would someone typically be able to...