Account Closed
Does raising the rent on a SFH raise the value?
Let's say a Single Family Home was bought for $100k and rents for $1000 (GMR = 100)a month. If I am able to get $1,200 a month, wouldn't that raise the value of the home to $120k , using the same multiplier?I have hea...
Hannah Joy
Offer accepted - do I go through with it?
I'm partnering with a friend - she put an all cash offer for 350k on a multi family in Northern Cali: four one bedroom units built solidly with concrete block construction. Units do need renovation in all four bathroo...
Tab Teehee
Per unit budget...can we see yours?
Ugh....I’m really struggling with this! Probably because I’m going about it all wrong, but...I need to get numbers to the bank to determine my project financing. I’ve been interviewing contractors, shopping for materi...
Julia Allred
Private Money Lender
Hi everyone, I have been looking to establish relationships with money lenders. I am wondering if the terms sent to me by a private money lender are normal? I am copying and pasting them to this post to see if I can p...
Frank Daly
Buyer
I looked at a duplex the needs about $15,000 in updates. The owner is asking $72,000.
I offered $60,000. Even at $72,000 it cash flowed. My question is should I have payed the $72,000 and but additional $15,000 in to...
Andrey Norin
Long term capital raising campaign
Hi folks,I am new to the real estate investment business. My 5 year goal is to become a professional real estate fund manager.I happen to live in NYC where there is a large concentration of people with 7 figure incom...
Alison Anderson
Selling a business in Oregon
I am a licensed broker and own a real estate firm in Washington. I am working with a buyer who has found a business right over the border in Oregon where I am not licensed as a broker. He is looking at a business, n...
Barry Je
Hiring firms to do due diligence
I've read in various books that one can hire a firm to do the due diligence for you. Can someone recommend me a firm that does this, and what are the costs typically (ie percentage of purchase price, single dollar am...
Darrick P.
I Like The Deal - Now What?
For the sake of instruction I searched for the buying process but couldn't find it so I started this thread.
Being a new investor I was trying to explain what a bird dog does to someone else and while I was talking ...
Andrew S.
When to HELOC for 2nd deal
Hey community,I've finished my first deal house hacking and looking for my second deal. I'm looking to purchase a 2-4 unit rental property in Montana with seller financing, or FHA or confidential mortgage. I'm looking...