Taylor Lydon
1% Rule in Massachusetts?
Does anyone have any suggestions on where to find 1% rule for buy and hold multi-family (1-4 unit) investment properties in Massachusetts? I prefer to stay away from lower quality units, neighborhoods, and towns. I ...
Jimmy Warr
Need Quick advice
I have found an 8 unit apartment building for $55k in Memphis . Would banks and credit unions fund a commercial deal this size ? The seller is motivated and I must get this deal closed. But I need to know if I am wast...
Michael Gertz
Due Dilligence - Sharing steps I took to walk away from a deal
Hi Everyone - Just thought I would share an experience that I just had on my own. I didn't have a model of due diligence with my latest effort. All I had was my assumptions, and however you want to break up that word...
Sahir Noorani
Moving to the Bay Area | How reasonable is house hacking?
I'm new to real estate and recently got a new job in the Bay Area that pays really well. I've always wanted to get into real estate and figured this new job will give me the right income to get into it and really hel...
Brian Lybert
Forming an LLC in Virginia
I am debating forming an LLC prior to acquiring my first rental property. However, I have not decided which state I want to start in. I live in Virginia (Hampton Roads Area), but have been looking in the Baltimore M...
Nat C.
The Magical Trick to Dealing with Contractors?
If I knew the answer to this question, I'd be a lot better off.Sadly there are many, many untrustworthy contractors. I live in the land of South Florida where the worlds most shady contractors congregate.In the past 5...
Mauricio Quintana
Class C property, what income/rent ratio do you require?
Landlords of class C properties,This is my first venture into rentals. I'm just curious as to what parameters you use to determine a good renter? Do you do any sort of ratio where you look for 3x (or whatever that m...
Elijah Brown
From $200 to 70 Units at 24 Years Old
Hello,
My name is Elijah. I’d like to share my real estate story with you all:
At 17, I drove to Los Angeles from my small hometown in Vermont. I arrived with $200 in my bank account and all my belongings in an old ...
Eric Jones
How to Calculate Payoff and Arrears on Non-Performing Note
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
Justin Hennig
Are their long term loans available for companies (15-30yr)
Just getting my REI business launched and one of the goals is to acquire Buy/Hold property under our LLC (We want the property deeds under our LLC name for personal asset protection)
We have sources of short ...