Hi everyone, I am running the numbers on a potential property and Im making sure I am doing this correctly.Here are the #s, if these look right I am paying $803 in taxes on a property that Cash flows $1,574??

Gross...

So I'm buying my first triplex. We negotiated down to $105,000. And we are a few days out from closing and it got appraised at $117,000. What does that exactly mean because the bank told us that means instant equity. ...

I've done several deals internationally, most recently in Medellin, Colombia.  Happy to answer any questions or would love to discuss with other investors that have done the same.  

In areas of the country where prices have gone UP, and the only properties left are scraps, would you consider partnering with other like minded investors to purchase higher quality properties? Why or Why not?

Hey guys so first of all just want to get started by saying this is my first wholesale deal Im working on and I was confused because the price I'm getting after running my comps and getting my MAO is higher then the a...

Hi,  we're considering purchasing an str in st augustine fl. Retirees in the winter (jan-apr), families in the summer (jun-aug). It will be mixed use (we'll use it oct-dec). the onsite realtor is encouraging us to pur...

Hello,I've come across a few properties with much higher price points. Does anyone market to these properties any differently? When I say higher $500k+. Would you do a formalized letter, postcards? Handwritten? Any su...

Will increasing the rent, above other area rentals, limit possible unwanted tenant applicants? The area we are in does not have many 'nice' rentals. Most are smaller and lesser quality than what we offer. I feel the h...

I am just getting started in the process of making my first real estate purchase. Right now the focus is buy and hold small multifamily (2-4). My initial strategy is to invest in higher end properties with the hopes t...

Hi all, Quick question, I'm in the market for my first investment property and the first mortgage company quoted me 5.427% on a 30 fixed mortgage.  The 2-3 family units I'm looking at are between 55-70K.  One company ...