Hey all, my name is Matthew Morgan, from Baton Rouge, LA, I'm a Sergeant in the United States Army and currently heading home from Syria, I started my deployment with the goal in mind to begin working for myself as my...
Hi, when analyzing multifamily using the 50%rule of thumb, would the same rule apply for 800 dollar rents like 400 rents? How would that work?
The last time I posted was after recently purchasing a single-family home that has a 2 bedroom/1 bathroom guest house in the backyard. Today my tenant is moving into that 2 bedroom/1 bathroom guest house. Every time I...
Hoping to connect with real estate investors in the Corona, Queens NY area and gain some advice/insight. My husband and I will soon begin our investment search around mid-October. Neither of us are real estate savvy, ...
Hi,I've been doing this for a few years, first just renting out the second bedroom in my condo and now since I moved out of that condo I rent out the whole thing and also bought a house where I'm living and renting ou...
We just purchased a 4-plex with a bad roof and one moldy unit for $116,500. We have a new roof scheduled to be installed in 3 weeks, but need to make some big decision on the other renovations. Each unit needs new pai...
Hey guys I am new and wanted to hear feed back on your BS’ometer about response from seller who is stalling on an offer.Saturday we put a full price offer on a duplex property(unoccupied), and right before a 48hr mark...
I have a multi-unit in a class A neighborhood in Chicago (Lincoln Square - 60625) that I am wrapping up a large rehab on right now. The property is on a remarkable block and the units really are fantastic - we've take...
Greetings All,First I must say how excited I am at finally being able to make my first diary post after so much planning, prepping, research, lamenting... You get the idea. Just to give some background, I've been lurk...
I will be putting a bid on an REO 6 plex in about a week, and I'm trying to figure out how much to offer with a lot of missing info.
Rehab
The units appear to be in excellent condition for an REO. One unit needs all ...