I have owned a 9 unit all studio apartment complex in Mt. Vernon, WA for about 2 1/2 years. I have done rent increases the last two years of 5%, haven't lost anyone and cash flow has been great, but with the demand g...
{Numbers included}You've heard it before: in 2007, my husband and I were young and naive, and desperately wanted to purchase our first home. Not only did we pick a neighborhood that we didn't know well (which turned o...
tl;dr - I'm looking for specific investment ideas on how to get the rest of the way to quitting my day job. NOT looking for advice like "spend less money" or "move to a cheaper town" or anything like that. My goal is ...
I’m new to real estate and haven’t made an offer yet. I keep finding properties that don't make sense at the asking price, which I’m sure is common. For example, I found a pretty decent property but they’re asking way...
My understanding is that a 5 unit property will not qualify for convetional financing (FNMA only for 1-4 units).
What options do I have then if I have good credit, can put down a good & and only have three proper...
Hi guys, I have a quick question about subject to financing. Lets say you have someone who is a couple mortgage payments behind and will lose their house soon. You come in and take on their loan in their name. They th...
I’m 3/4 of the way through my first rehab and the house RIGHT NEXT DOOR is possibly being sold. I’ve already been in contact with the owner several times (his aunt left him the house and needs a decent amount of work ...
Myself and my partner are currently under LOI for our first self-storage facility.We have negotiated a 53% owner financing on the deal and I wanted to ask all storage professionals if you have any advice / tips for ge...
We're planning to downsize and need advice from those who have gone through this process before. The sale of our current home of 15 yrs would allow us, after paying off the remaining 15 yrs of the mortgage, to buy a ...
Please help me with this deal. A friend brought it to my attention and I would like to get an oppinion on it.
Asking Price: $1,350,000
Miami, Fl (Downtown Area)
22 Units
11,500 SQ/FT
3 Stories
100% Occupied
9.7% CAP ...