I am a newbie REI and starting to analyze more and more deals. I finally found a 4 Plex with promise through a local wholesaler. Without getting into a debate about whether to use a wholesaler or not, what informati...
Hello everyone,I am in the process of closing on my first deal. It is an all cash offer within my own family. The problem I am having is that I want to buy the house directly through my LLC, and I do not have capital ...
Hi BP,
I went into escrow on a fixer in palm spring recently. My initially planned was to fix it and put it on short-term rental. But given the recent shift in the market I am back on due diligence table. The Palm sp...
Hello everyone,
What is the general feeling about installing coin operated laundry in multi unit houses? Is it worth it? Should we just leave the houses without laundry?
Thanks!
Hello, I’m seeking advice, methods, reality check, whatever it may be.
We currently own two rental properties (details below) and are ourselves renting a place to live in ($2350/month). We have $100k cash right now ...
Hi Everyone,I understand that the 50% rule is basically, in MF, is the general rule for expenses which includes vacancy, management, trash, etc. But is it taken from the actually income or potential income or potenti...
Looking at an STR property in Santa Barbara. Estimated purchase price $4.5M. Estimated Revenue 300+ Are there any products available that would allow me to put 10% down?
My sister does rent by the room in northern VA and currently she is managing them herself. I am trying to help her grow and part of that would be passing the property management duties to someone else. Are there any...
We are trying to complete a public records request on tax delinquent properties and properties with code violations. They want us to complete a commercial purpose declaration basically stating we don't intend to gener...
Buy& Hold / cap rate question:Here in Southern California, especially in coastal cities, it's almost impossible to find an investment property with over 4 or 5% cap rate. Multi families can give as high as 6%. But...