Jonathan Bombaci
Condo in Northern NH - Help me analyze this deal
This would be a condo in the white mountains that I would rent out to Long Term Tenants. I think it's pretty common to airbnb in this area but I like the idea of stable predictable cashflow. The cap rate is less than ...
Kris Easters
My First Deal (Low Appraisal)
My wife and I got a house a little over two years ago and have been live in flipping it. Thanks to some forced and unforced appreciation we were able to come away with about a 30k profit margin. We had an offer accept...
McLaren G Westland
My first MFH purchase and got it right the first time!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Vinton.
Purchase price: $130,000
Cash invested: $35,000
Purchased first MFH (Triplex) for $130K and it appraised for $192,...
Yannes Chiang
Multifamily in Chicago - Property Tax
Hi Everyone,
I read some news regarding on the property tax increase in Chicago. How do you think the trend of the property tax for multifamily? My current property tax rate is about 2% of the assessed value. Since p...
Amber Gray
Buying a Property with Existing Month to Month Tenants
Hello,I am looking to purchase my first property. It is a 3-unit property, fully rented with month-to-month tenants (all paying below market rent and one is behind on rent). The property is located in Prince George'...
Robert Alexis
URGENT, possible loophole to save my earnest money
I placed an offer on a bank owned foreclosure that was accepted 9 days ago and am currently under a fully executed contract. We discovered a leak in the roof that will significantly increase rehab cost, making my HM L...
Megan Heffernan
Analyzing Multifamily in Tacoma, WA
I just finished @Brandon Turner's How to Evaluate and Offer on Rental Properties webinar, so I wanted to apply that knowledge in the market that I'm interested in, Tacoma, WA. My goal is to cash flow $100 per unit pe...
Luis Montanez
How to get below 10% of listing price during the HUD Owner-Occupied period?
My current plan is to purchase a HUD Owner Occupied property in the $150 to 200k range. I plan to sell my current home (with about $30k in equity) to pay down the mortgage and thus increase my monthly cash flow an...
Cassie Gray
First time buyer, FHA, looking to buy duplex with tenants
I have a buyer looking to purchase a duplex that has tenants already. She's an FHA home buyer so, she'll need to occupy one of the units. The tenants are on a month to month lease. Her big question...who to tell th...
Peter Walther
Is purchasing real estate with crypto a securities violation?
I thought I'd re-post this review of a GA decision in a lawsuit involving a breached contract.Shea v. Best Buy Homes LLC, 533 F.Supp.3d 1321 (N.D.Ga. Mar. 30, 2021)
Agreement to pay purchase price for real estate in ...