Ben Bakhshi
Highest profit margin deal closed. Home built in 2006. Turnkey, CAP 20.
This home is a duplex, built in 2006, each side has 4 bedrooms and 3 baths with hardwood floors. Each side is currently rented for $650/mo.
Initial price: $64,900.
We offered $67,500 and lost to a $68,000 bid. The cl...
Arthur Voskanyan
Home Equity Loans Qualifications
How much equity do you have to have in your home in order to be eligible for a home-equity loan? Is it a minimum of 20%, and for example if you have a home worth $200,000 and you owe $160,000 but have $40,000 in equit...
Corie Carpentier
Making 2 Offers On The Same Property
I have heard @Brandon Turner suggest making multiple offers at once on the same property. I am looking for more specific advice on how exactly that would look. If any one has done this and could provide an example tha...
Rikard Lorén
Multifamily...
Hi !
I have been listening to Ken McElroy audio books, he talks about real estate investing and why MULTIFAMILY investing is the best investment, I STILL have problems to translate his meaning of the words "Multi fam...
Aaron Robilotto
Priess Company - tpco.com
Hi Everybody, I am looking for advice/feedback regarding a property managment company that I have been working with for about 10 years in Raleigh North Carolina- the Priess Company (They manage a unit of min...
Account Closed
Making the transition
So I am running a successful Construction company that caters to Investors, property managers ect. I have seen the success in the Kansas city market. I want to ask what would you say is the best route for me to go(br...
Folashadé Shelton
How to Protect yourself if the property value drops
May someone please explain to me the methodology of, I suppose, how to protect ones-self when placing a down payment on a property and the property value happens to drop 20% for an example. Should one place 20% down o...
Maryanne Kichline
Conventional Mortgages without being owner occupied?
There are 2 small multi-family units (tri-plexes) that I would like to purchase. At least one of them....not sure I would qualify for both. But I would prefer to be able to get a conventional mortgage on them. They wi...
Alex Witte
Private Money - Necessary Paperwork? How to Present it?
Hello Everyone!When presenting the idea to family & friends about them lending their money to you to invest into real estate how do you do it?Do you have a pre-drafted contract that shows what guaranteed money the...
Austin Keelen
Property Tax on New Construction
Hey Everyone,So I've been searching the forums and google for a solid answer but I can't seem to find one. My wife and I will be buying land with an existing home on it to knock down and build a new one. I'm wondering...