Ligmon Williams
Finding a market to get started
Hey Guys been looking to get into multi-family investing but not exactly sure what area I should start . What are some ways you all went about finding a market ?
Rob Randle
How to increase ARV effectivley?
I am looking at a property that is going to need some updating throughout. Everything is functional but the bathrooms, kitchen, doors, closets are outdated. I will be holding onto this property to rent.What repairs ...
Account Closed
Income tax when assessing deals?
When initially assessing a deal, how should I account for income tax on the rental income? Without an accurate number for write-offs I'm having trouble putting any faith in my calculated ROIs.Thanks!
Andi Leka
Loan rates when brrrr
Hello everyone, I'm Andi and this is my first day here.I have been doing a lot of research lately and i really like the BRRRR method but don't know all the details yet. Do you guys know what are the loan rates if i bu...
Keeya WangJones
Low interest rates, upfront cost, and points
Hi,
Can anyone explain how some lenders are offering low interest 3.5-4% but I need to pay for points or upfront costs? What does the points actually do? How does this method of lending affect a 30 year fixed?
Cheers!
Dustin Sifford
Cash out refi options
Should I cash out refi $177000 and buy rentals or cash out refi and hold cash until a crash. Or just finish paying off 67,000 and have it paid free and clear?
Matthew Stover
First commercial deal??
I need your advice on a possibility.
A guy here in town wants to sell his building that has a bar in it. It only has space for one business.
The bar is pretty well known and pretty much the 2nd best bar in town. ...
Joseph Firmin
Multifamily Short-term Mezzanine Debt & Bridge Loans - What?
I read this statement in the M&M report for 2019 as I'm doing research to zero in on markets to invest in for multifamily: "Lenders have been reluctant to lend on future revenue growth through value-add efforts, r...
Nick Bleser
Market risks on buy and hold properties
People are talking about the real estate market changing. We know it cycles but how does that effect the buy and hold investors? If the market is going to turn soon how can the market effect properties I've already bo...
Richard Hadley
Long term loan vs short term strategy
I'm just curious what other investors prefer and why. Some of my local gurus are recommending that long term loans (mortgages) are better because they get more of the profits right at the start rather than waiting for...