Dan Kim
Is there a better way?
My wife and I are looking to purchase our first home to live in. We're hoping to renovate and then refinance this home to have the cash to purchase our first investment property, ideally being a MFH. Since the goal is...
Michael Costantini
Pitching a deal to under water seller. Need help on the terms.
I found a two family turnkey in NJ. The seller has it listed for much more than a reasonable market price. Turns out they bought it in 2007 (Ouch!) as a owner occupied residence with 5% down... They now live out of st...
Scott Albritton
Owner's Step up in Tax basis is his reason for not selling apartment building.
Hi All,
I hope you're having a nice weekend!
I currently live in an 8 unit apartment complex here in San Diego, CA. And I want to figure out a way to buy it.. It's currently under market rents, needs some updating...
Rebecca Cramer
Vaca Rental Market in Puerto Rico still recovering?? tax benefit?
I am looking at buying real estate in Puerto Rico and renting it out on Airbnb. I looked at other airbnb rentals and even the superhosts in popular vacation town called Rincon that have calendars that are WIDE OPEN! L...
Justin Berman
Condo Owner Financing Letter Input
Hello everyone, I am finally ready to make the jump into the real estate game!Some background info, I am Pediatric Dentist who finished school around August of last year. Currently I live out in the Valley of Southern...
Matt Nettles
Syndication Payout Structure?
Ordinarily a syndication is heavy ownership % on the LP side .. for example 80% LP 20% GP with or without preferred return.My question is and I ask because I heard Podcast where Tim Bratz structures all of his deals t...
Evan Aagaard
Stuck with bad tenant during lockdown - what would you do?
So I've been dealing with a bad tenant situation since February of this year. Filed an L1 to evict for non-payment of rent and also filed an L3 because the tenant finally agreed to vacate but then changed their mind ...
Jason Conroy
Are CAM allocations adjusted when there is a vacancy?
Say there is a 4 unit property where each unit is the same size. 3 of the 4 units are occupied the entire year and the remaining unit is vacant the entire year. Total CAM charges are $100,000. Is the proper allocation...
Kevin H.
5-plex / 6-plex financing? Rates? Availability?
A few of the properties I've been eyeing recently are 5 and 6 unit setups. Some of these have had all of the units under one roof, and some have consisted of alternative designs (like 2 triplex units on the same lot)...
Terry Lao
To sell or not > greater than 10 year cashflow plus principal pay
I have developed an two part equation to help decide to sell or not. Please comment.1. Is net sales price greater than 10 years net cashflow and principal equity payments? For example, net cashflow of $500 per month a...