Toben B.
Trying to move up to apartment complexes
Hello,
I now own 9 units via 3 duplexes and 3 houses, and I would like to make the jump to a 40+ unit apartment complex. I want something big enough to pay a property management company as I already have a full time ...
William Adamsson
2 million, starting out
Hello everyone, I am an aspiring real estate investor and would appreciate some help from you guys.I am 20 years old and have had a regular upbringing in a normal family, but through e-commerce made over 2 million dol...
Andrew Campbell
How we went from 0-72 units in 4 years
A couple of weeks ago, I shared a success story celebrating the fact that I quit my job and closed on a 202-unit the same day. A big reason I was able to do that was the fact we had built a 72-unit portfolio over the ...
Jeffrey Page
First STR Listing; Looking For Feedback
Hey Everyone,I listed my first short term rental in beginning of this month. I’ve had one guest so far. I’m excited to get started and host more guests! All feedback (good, bad, or indifferent) is welcome and apprecia...
Taylor Jennings
How can I buy this 19% CAP 7-Unit MFR without cash or living there?
The subject really captures everything...
There is a 7-Plex that is being offered for a great price with 19%+ CAP and fully occupied bringing in over $3k cashflow/mo.
Not sure why the owner wants to get...
Account Closed
How to go about purchasing a second property
Hey all, been a fly on the wall here for a little bit.like the title describes I’ve been living in my primary residence for a little over a year now. Purchased at 260k using VA loan. Refinanced to a 2.3 interest rate....
Abdul R.
QE3 and Real Estate - Your thoughts
As you may have heard, today Fed annouced QE3 of 40B per month (i.e. printing press) with no end in sight. Precious metals soared instantly along with the stock market. I wonder what it means to the real estate market...
Perry Rosenbloom
Thoughts on Paying Market Value but Cash Flowing Well
Hi Everyone,
I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.
It is also entirely renovat...
Nicole (Dunlap) Pendergrass
Need help with creative structuring for my LOI on a 16-unit
Hi All,
I am currently writing an LOI on a 16 unit apt building but need some ideas on creatively structuring the deal. I want to give the seller about 3 offer options and he can pick the one that fits his n...
Carol Donaldson
"Networth Realty" any thoughts?
All,I was looking at a potential property posted by Networth Realty in Tampa. I was just curious if anyone has worked with them? I found a few things, and my attorney did too, that seemed risky about the deal, and ...