John Hanson
How risky to buy very old house for duplex?
I'm looking at a duplex that was built in 1870, so it's about 150 years old! However, if I assume monthly repairs of 1% of the value, plus capital expenditure reserve of 1% for a total of 2% of value, the Cash on Cas...
Alan F.
Commercial real estate Sacramento area
Is anyone seeing an increase of repurposing commercial to residential properties in the greater Sacramento area?What are your thoughts on commercial real estate in the manufacturing, retail & non dwelling building...
Bryan Stell
Negotiating deal on first Duplex
Hello all,My fathers good friend and my real estate mentor is "retiring" to his newly built home in Florida. He wants some cash to play around in Florida real estate and most of it is tied up building his new home. He...
Brandon Schlichter
Lease + Option vs seller financing?
Up to this point I haven't done seller financing at all, however in order to grow my rental business I think I might need to start looking at it more. A investment colleague was telling me the absolute wonders of mast...
M T Naughton
Protecting Equity Other than Refinancing
Hello,
I started operating STRs this year and am nervous that someone will sue me and take my equity. All of my properties have gone up significantly. I would refinance but rates are horrible. The properties are alr...
Jorge Vazquez
A purchase versus a refinance appraisal! You'll be surprised!!!1
I have found that appraisers often provide two different values: one for refinancing, which tends to be the minimum necessary, and one for purchasing, which is typically tied to the sales price. When conducting a refi...
Robert D.
IL state specific questions
I am licensed real estate broker in IL. Many times I come across owners who would like to sell quickly for cash. I do buy for rehabs but once the capital is tied up in my flip, I could use wholesaling. I do also k...
Maria G.
What applicant would you choose?
A- 2 adults (including a homemaker) and 2 boys of 3 and 5.B- 2 adults (both working professionals) and 1 daughter in Kindergarten.C- 2 adults (both working professionals) and 1 daughter entering Kindergarten in 2020.A...
Tucker Cummings
Opinions on My Strategy
Wanting to get some thoughts on my strategy. I'm going back and forth between buying strategic/sensible MLS properties, or using the BRRRR method:
First off, my goal is to replace mine & my wife's W2 Income with ...
Tanner Hale
4 unit Airbnb deal in Nashville
Investment Info:
Large multi-family (5+ units) buy & hold investment in Nashville.
Purchase price: $2,800,000
Cash invested: $680,000
We purchased these four homes with the intent to utilize them...