Ana Garcia
Need advice on purchase of a multifamily
Hi Everyone!We are analyzing a multi of 13 units which needs a LOT of repairs. Pretty much everything on the inside (walls, floors, ceilings, appliances, etc.) needs to be renovated. And, of course, the tenants, need ...
N/A N/A
Greetings from Southwest Missouri
Just wanted to introduce myself to this great forum...Name is Jim, and I have been a remodeler for over 30 years and dabbled a bit in buying and selling, but now I am going to take the plunge and do some serious REI.
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Michael Webster
Newbie in Richmond Va.
Hello all!! I am a licensed realtor. I've always been more interested in the investment aspect than being a realtor. There is a lot of great information out there. So much so it can be a bit overwhelming. My question ...
Luke Miller
Added Fifth Property (no mortgage, yet). Best route to finance it
I closed on my 4th rental property today, cash. My other three rentals and my primary residence all have mortgages (no second mortgages, HELOC, etc.). I am interested in taking out a first mortgage, HELOC, refinance, ...
Sean Parno
Can I be removed from the mortgage?
Hello BP WorldI am writing this to find out some answers on a question I had I over the weekend.
My wife and I are on the mortgage together for our primary property, but if I could get off the mortgage and then get m...
Kristy Swenby
Rental debt snowball?
When people use the rental debt snowball approach, do they typically pay off their personal mortgage first or would you pay off the rental mortgage first? Looking for advice! 🏡
Moises Guerra Garcia
My agent chose an 18 day closing period. Is this normal?
The offer was accepted late Monday evening (October 3rd, 2022). The closing date chosen is October 21st. My agent chose this date. There are 18 days between these 2 dates. Since this is my first time purchasing a home...
Margaret Martindale
annual Inspection - found house filthy
We did an annuaL inspection on one of our SFH yesterday. This tenant is behind one month on the rent. She tried to make excuses for the inspection not to happen. We found the house (which is a very nice house in a ...
J Sparks
Questions about this Multi deal?
The offer is a 40 unit section 8 complex in New Orleans. It's gross yearly potential rent is $444,336 at 100% occupancy. Expenses are at the 50% mark so NOI is $222,168. He has already made 300k in repairs. Downsi...
Jordan Blanton
Valuing Equity over Cash Flow
Hello all, Requesting some advice for my next purchase. I'm 31 years old with two properties that already cash flow very well. I'm ready to go with purchasing a third property but when analyzing properties, it seems d...