If you'd like to follow along and watch as my partner @David Ross and I flip a Brewerytown row home, the link to our blog is below. I'll also post pictures and updates in this thread but I won't replicate what David h...
Hi guys, I have a post one page back with all the boring details on this Sub2 opportunity. Seller is willing to deal, and I think I have a 85% shot at getting it. Here are my questions...1) Can the bank NOT let me bri...
Hello all,It's been a frustrating couple weeks for me as I've been making offers to try and purchase a 2nd rental property so thought I'd ask for some feedback and/or tips on how to get better at this moving forward. ...
Hey Everyone, I hope i put this in the correct category.
I generally do not do yearly rent increases on my properties if the tenant is clean, pays on time, and is overall a good tenant. I might raise 2% every 2-3 ye...
I'm working on a 10 year portfolio plan for buy & hold rentals (SFR or Multifamily). I can reach my goals if I can hit 9% CoC return (on average). My secondary goal is 20% forced appreciation and 5% market appreci...
The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
Just came across a late night call with one of my tenants. His family has been living there over a year and I would consider them good tenants. They warned me before that the front tenants dogs (pitbulls) are sometime...
I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
So i feel and have heard comments about me getting rich while the contractors or employees do work for me which i feel isnt there business. They dont understand it and it makes me angry and mad but do feel exactly whe...
While doing back of the napkin due diligence what is a standout factor that will immediately turn you away from analyzing the deal any further?