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So I made an offer on a 12 Plex built in 1950. The cash on cash is 12.8% and the Cap is 8.97%. The broker called and said they have 3 offers, but the buying is giving me first shot at $420,000. (Original price was $42...
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I've been reading a lot on the forums about how to bid on HUD properties, but I am still confused about how to approach a property that has had a first, and then a second, price reduction. Does the 88% net HUD rule st...
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My Friend and I are looking to start an LLC for property management in the Chicago Area, any advice on the process or things we might need to get started?!
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $276,000
Cash invested: $13,500
Partnership house hack with brother. I contributed the down payment and cosigned the loan. Total ...
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My husband and I are pretty new to this. We have a 6-Plex apartment building and recently bought a house to fix up and rent out. I rented out one of the apartments on Zillow several months ago with no problems, but it...
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I’m wondering how to approach this. I haven’t researched it with Airbnb or VRBO (yet) but I’m wondering how that would work in the event of the account owners demise....I have a trust for our properties but we run our...
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Investment Info:
Single-family residence fix & flip investment in Heritage Creek.
Purchase price: $81,000
Cash invested: $44,000
Sale price: $160,000
We also sectioned off the attached vacant...
Hi Everyone!I am new to self storage investing and was wondering if there were any Acquisition Pro-forma Spreadsheets that you recommend? I have a potential deal that I wanted to see if the numbers work out. Any hel...
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So the opportunity to buy a house in my area has come to me from a friend who's a realtor. The house is a 2 family home that is being sold for $140k cash only and the after repair value is close to $450k. The house is...
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Hello everyone,
I have a possible appointment this weekend to meet with a seller. I'm wondering if I start taking my pictures of the property on the very first walk through or after I get her to sign my contract?
T...