RJ D.
First time investor - Chicago
Hello,I am looking to purchase my first investment property in Chicago. I would like to hear professional opinions for a first time investors financing options. I am looking to purchase a 3-4 plex/flat. My research po...
Michael V.
Good or Bad Investment?
Looking into this property. In need of a second opinion.Price$750,000Property Sub-typeGarden/Low-RiseNo. Units45Property Use TypeInvestmentBuilding Size35,000 SFCap Rate17%Price/Unit$18,000Occupancy91%Property TypeMul...
Jon Ostojic
Advice needed on a temporary mortgage solution to close a deal
Hello everyone. Thanks for taking the time. I've been doing a live-in-flip in Seattle for the last 2.5 years. Two realtor friends have told me my house is now $700k give or take, with about $300k equity. We've conside...
Damicco Robinson
How to Accurately Analyze a Rental Property
I've noticed some investors having some issues efficiently and accurately analyzing rental properties. I thought I would provide a reference below to help out some investors who are struggling to determine what's a go...
Jim Truman
Insurance tips, coverage amounts
Good morning,
My wife and I recently closed on our first out of state property, a townhouse in Bedford. I'm looking for recommendations on insurance. Also some advice on reasonable coverage amounts.
For now I just w...
Damien Clark
Designer?
I'm thinking about hiring a designer that I would like to give my budget to for each room (kitchen/baths) and have them pick out all the materials/finishes. How much does that type of thing typically cost? I'm in MD..
Burt L.
How to Get Price Break on Listsource AVM costs of 50 Cents Per Record - Or Just Avoid This Screen Entirely?
In building lists at Listsouce, by far the most costly screen is the AVM at 50 cents per record. I spoke with a rep who said he is checking with his manager about giving something of price break, but said it is one of...
Maria Burks
Looking for feedback from Turnkey Investors
I’m actually not even sure if that’s the correct terminology.I am basically hoping to gather feedback from investors who chose the route of buying from a turnkey company. It’s so tempting to go this route as it seems ...
Javon Dixon
Estimating cost of repairs
I took a note from Sean Terry's ebook that a rule of thumb for estimating repairs is the equation: sq.ft of home x $10 = general rehab cost
Has anyone ever made an offer to buy using this formula? and then ma...
Zach Whitt
Hard Money + Equity Partner
The plan is to flip a property using an equity partner to provide the cash reserves and a hard money lender for the bulk of the purchase and rehab.
We originally planned on all cash, in which case we would split gain...