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I currently have 21 doors and have now switched to a local commercial bank called Richwood Bank. The only issue is that they take forever to respond and approve loans. They seemed to be understaffed and overworked. Mo...
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I'm in southwest florida, the naples area and man these costs are very expensive! 32k for 14 windows all impact rated, and 55k for about 2400sqft of hardie board siding installation. Any ideas on how to get these cost...
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I own a duplex with a detached 400 sqft. garage with a half bath and electricity already in it. I spoke to the city which I live in and they said yes, I can convert the space to multiple bedrooms as long as I permit e...
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Interesting stats on the Greater Phoenix Multifamily Market by NorthMarq for those thinking about investing here.- Vacancy ended 2019 at 5.6%- Asking Rents increased 9.4% in 2019, ending up at $1,175/month- Median mul...
There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...
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I've tried direct mail for about 2 months now and it really does work. I've sent out a 1000 letters and have been contacted by at least 50 people. The only thing I understand is that you get at least half of the lette...
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Curious how some of you with lots of doors handle multiple security deposits? I have been using Capital One Bank 360 (which allows you to have up to 30+ accounts) and creating a separate account for each apartment's d...
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I have a question I want to put out there to all wholesalers: What dollar value do you put on a person who wants a cash offer to purchase their home? How much would you be willing to pay in either a CPC (cost per cl...
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I'm new to REI and targeting either two fourplexes or one small apartment building out of state as my first buy and hold properties? Is a 6-8 unit property better to help me scale and grow the business faster to event...
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I stumbled upon mail carrier route marketing offered by the US Postal Service. This allows you to see a mail carriers route and isolate a very specific door to door campaign. Has anyone used this service? If so did yo...