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I look for homes that have been on the market for 60+ days to avoid the competition and get a good deal. Maybe it's just a coincidence but I find that whenever I tour and express interest in these homes all of the sud...
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I am looking at an apartment building in Memphis. 20 units. 4 1 bed, 16 2 beds. It's a Class C-/D neighborhood. Low income. I am very familiar with the neighborhood and complex as I grew up around the corner. The crim...
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Hello All, I have recently acquired a 2/2 Condo in the heart of the Tampa Bay. Prime location, just inside Rocky Pointe. I am looking for general advice given the current market conditions. I have always wanted to bui...
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Well, I picked up this tip in the podcast. I was driving around about an hour outside of Omaha, NE and saw a very nice 4Plex with a for rent sign in one window. I thought, what the heck and called... I introduced mys...
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Trying to structure the purchase of a property at favorable terms for the seller in order to negotiate a lower price.
Property: 2 unit for $300,000 (property is worth $350k)
Seller Initially Bought it for $100,000 y...
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Scenario: 2nd lien bank foreclosure auction ~ $50k judgement/fee/interests. Winning Bid at auction $100k. 1st lien owed $150k (not in foreclosure yet)
My question: Does any winning bid over the 2nd lien credit b...
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I’ve purchased some land and want to do a new build on the land. I’ve received some very favorable estimates in cost and timeline for the plans I had created. I’m a realtor and have completed a CRM on final build so b...
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Hi I am investor in Gainesville, I currently hold a multifamily 6+ units. the property’s rehabilitation is scheduled for completion in 2025 and the rent will subsequently increase, can I proceed with a cash-out refin...
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Hello,I am looking for some insight from the seasoned buy and hold investors. I have sourced a off market deal for a 8 unit that is well maintained, but under rented. As is the agreed to purchase price is about 50-...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $260,000
Cash invested: $17,000
Sale price: $364,000
We bought our first property as a "Live in Flip". It was r...