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I️ know it’s popular to “leverage” any cash on deals but it just seems better to wait till I️ could pay cash for anything. That way it’s owned outright and don’t have to stress tenants as much not paying or a flip not...
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Hello Landlords and Property Managers. How are you filling a vacancy during the Corona-virus?I'm in Elgin, Illinois and have gotten feedback such as:-Business as usual (i.e: individual or group showings).-Virtual tour...
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Hello Everyone, first post here. I’m looking for some advice on a potential property. A little background info:We purchased our current home in 2018 for 180k. Since then, we’ve added a basement suite and rent that out...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $225,000
Cash invested: $40,000
Contributors:
Chris Shepard
First real multifamily for our, ...
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Are you buying or trying to buy in any super hot areas like Plano or N Dallas? What's your strategy? Success stories?
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I started studying Real Estate investing in 2018. In 2019, I started buying properties in Indianapolis, Indiana. But before I bought my first property, I was in “Analysis Paralysis”. I was just over-analyzing everythi...
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My wife and I want to house hack a four plex in Visalia, California. This would be our first REI deal.Where should we start our search?We've heard that four plexes that make it to the MLS are usually ones that most i...
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HelloHoping someone can help. I have a condo I bought in foreclosure in 2010 that I owe $128,000 on with a 30 year fixed at 4.7 apr. I completely remodeled it. I'm currently renting it out and I am making quite a bi...
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BP-I turned my property over to property management in May of this year. Took 2+ months to find tenant. Selected tenant is now botching payments in month #2 of lease. In essence, PM has managed for 5 months- I have no...
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What is your strategy for Multi (5+ units) investment strategies in the high interest rate environment? How are you meeting the DSCR requirements? Are you targeting for deep value add opportunities, or markets with hi...