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Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? If so, how would an appraiser get all data (expens...
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I am a general contractor looking to build a spec home. I have looked at a lot of homes to fix and flip but there is just not the margin that I would need to make it work due to the current market in my area. After ta...
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Ok, I admit it. I listen to Dave Ramsey. Today he had a caller ask about REI. Here are some of his major issues:
1. Be Patient. Most beginners get all excited and think they are going to make a killing, but they ...
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Good Evening/ Morning, wherever you are on the planet.I'm currently saving for my first Multi-family investment in December. I've done a few minor flips in the past for profit, but I'm looking to get into Passive inco...
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Hi,
Our Property management company in Indiana has done a lot of damage to our property due to neglect and misconduct. In addition the company owes us a lot of money.
We are unable to communicate with them to get o...
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I keep seeing articles all over the web that offers both yes and no answers to the question "Is wholesaling legal without an RE license?". Does anyone actually know definitively?
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Hi Everyone! I was hoping to get a little advice from those that have dealt with either a VA, FHA, or a 203K loan. I am currently looking at these to purchase a tri- or four-plex; I am looking for something that needs...
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I'm trying to get my head around cap rates and gross rent multipliers. I have a basic understanding of both, however, I've been told that for multi-family properties, I should pay more attention to the gross rent mul...
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I mentioned in a prior post that I had purchased the Armando Motelongo 3 day class. In this class they spoke about Self direct IRA. They said you can put an LLC inside of this S.D. And do your business from inside thi...
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I'm new to real estate investing and trying to get into owning a Multifamily unit using as little capital as possible. Househacking seems to be very newbie friendly and I'm looking to target a couple of areas in Chica...