Since posting my STR for sale on a STR Facebook page, I have been bombarded with requests for financials. The financials are not bad: Asking price is $485K. The property produced $48K gross over the past year. I inc...
We're headed down the path to purchasing our first rental property via a well-known turnkey provider. They've recommended a lender to us, and we're at the pre-qualification stage.We're likely to buy 2 properties this ...
Hi all
I'm new to the multifamily space and have a bunch of newbie questions to ask:
Looking into out of state investing and planning to partner up with someone on the commercial side (5+ doors). I believe most agen...
Conservative Analysis, Restful Nights
With coronavirus, there has been some uncertainty in the single-family and multifamily(100+ unit) space.
Over the last year, Courtney Buck Investments has been sourcing, raisin...
You can wait for note opportunities to find you or perhaps you are situated with sellers that free flow deals to you already. If you’re like most, you’re having to revamp your business model in order to carve yourself...
Almost every person I deal with wants to only provide proforma numbers of their best case scenario with no capex or vacancy built in. I ask for schedule E and they claim the have only owned the property for 2 years. O...
I have a couple properties that I am currently looking at in my area and when I went to my lender to get preapproved heres sort of what happened. The lender pre-approved me for a certain amount based on a rent rate es...
I have a 48 unit property. I currently have two checking accounts. One is an operating account and the other is for deposits. I was curious how other operators manage cap ex reserves. Do you have these in a separa...
My name is Nicholas Clement. I am an Investor from NYC and an all Cash buyer I negotiate between 15 and 30 Short Sales( Pre-foreclosures) a month across New York City. I work to preserve the NYC communities and help a...
Hello,I'm working on financing and buying my 1st property. I live in Oregon and am going to be purchasing in California where my son lives. He is a contractor.I was referred to a lender in Oregon who is friends with t...