Adam Sherritt
Should you include price with LOI's (Letter of Intent)?
Hey guys, I am about to send out a Letter of Intent to a few buildings in the area and was wondering if you could give me some advice. I created the following Letter of Interest (LOI) to send to roughly 10 buildings w...
Darshil Parikh
Why are prices in Round Rock, TX not going up as much?
I’ve been in Austin, TX for 5 years now. Everything around Austin has increased in values. Why is Round Rock not appreciating as fast as other parts of Austin, Leander, etc? Is there something I am missing? As far as ...
Brian S.
Evaluating Currently Owned Property Performance Question
This is my first post here after reading for some time. I a have a few somewhat specific questions regarding analyzing the performance of currently owned properties that range from 90+ unit complexes to 5-6 unit mfd's...
Justin Moon
Just received a low appraisal on a cash out refinance
I don't know if this is the correct subforum to post this in, but I can re-post it if needed.To preface, this conversation, I am located in Houston. It's boom time right now in this city, and property values are on fi...
Daniel Rogers
First Deal, 10 Unit Motel Conversion!!! But... Didn't Plan Ahead
Hello Everyone,I am absolutely fascinated with multi-family real estate, specifically the idea of converting inactive hotels/motels into affordable living spaces to buy and hold. I think its a very lucrative and unsat...
Rodney Dixon
How to access the pre-foreclosure list
Hi everyone! Having just recently moved to out of state, I've decided to jump back in the REI life and make a niche business for myself thats based around owner finance deals in my currently new market of Houston, TX....
Kris Benson
Price Per Unit Resource
As I build my business plan for my buy and hold strategy for MF units I wanted to see if there were any websites thaat provided price per unit data by zip code for recent MF sales
I found city-data.com which is a tre...
Bernard B.
Potential tenants rushing you for answer on application
This may have been addressed previously, but I will state it here anyway. Please be aware of any potential tenants who rush you to make a decision on their applications. If they call you five or six times a week an...
Amber A.
How to project rental income?
When you're analyzing potential rental income, what's the best source to determine what the unit would rent for? I'm trying to determine whether I should keep or sell my condo when I move and rents vary in the complex...
Almuthanna Abuasi
First time Multifamily / Apartment Complex
Hello Everybody, I have been snooping and studying the content on BP for a long while and have decided it's time to start. I am looking at several multi family and Apartment Complexes in my area. (Delaware) Mainly thr...