Don Konipol
Are the GREAT Deals Gone?
Are the great deals gone?Through the years I’ve been seeing less and less “great” purchases, and more and more deals to be had at “market” pricing. Currently, we are at 12.75% interest with 3 - 5 points on the loan o...
Duncan Banks
Thoughts on This property
I have been making an effort to get into my first Multi, but it is slim pickin's in my area (south/ east Massachusetts). It seems investors are scooping up the cherries before they hit the real estate websites. T...
James L.
My first multifamily deal
Hey everyone, so I have a duplex in round rock. I'm kinda nervous, I ran the numbers it seems ok but some feed back would be appreciated.So have it under contract for 180k, 20% down finanacing 135k @ 4.3% for 30yrs. I...
Aaron Wyssmann
$1,000 gone missing...
So here's the story of the missing $1000…I work currently for a property management company and we have around 300 single family units. You can imagine that the first of every month is crazy with people bringing in t...
Matt R.
Independence, Missouri proposes mandatory rental inspections
Hello, all!The city of Independence, Missouri (a large suburb on the east side of Kansas City) is proposing mandatory inspections for rental properties. The landlord would be required to hire an inspector, at the lan...
Account Closed
Would you get a house "subject to" at full retail value?
Would you ever use the "subject to" method to get a buy and hold property if you had to pay full retail for the house? I've watched several of my neighbor's houses sit for 6 months or a year with a for sale sign in th...
Justin Goodin
60 of the 100 largest U.S. cities now negative rent growth
60 of the 100 largest U.S. cities now negative rent growth, according to Apartment List.Here's the list:1. Oakland, CA -9.3%2. Huntsville, AL -5.7%3. Atlanta, GA -5.6%4. Austin, TX -5.4%5. Portland, OR -5.4%6. St. Lou...
Jason Yarusi
Mobile Home Parks vs Self Storage vs Shared Workspace
If you are choosing based on cash flow and on two different scenarios, which route would you prefer.Scenario 1- Which path would you choose if each space is operational and upside is in the management inefficiencies.S...
Casey Miles
$1 million in equity and "only" making 56-64k a year.
Hello Everyone,I think it's time for a change.I really want to keep my post on topic. If you have questions or want to debate CAP rates, cash on cash, etc. please shoot me a message and we can go from there.A little h...
Frankie Betancourt
Buying from myself with a credit card
Hello is it possible to sell something online and use a credit card to buy that item for myself and then use that cash to transfer into my bank to buy a house? Because i have 20k credit limit and would like to turn...