Edmund Amoye
Multifamily Tools for Rent Comps
Hello,What tools are you using to get objective rent and expense data? I know rent comps are an important part of the deal analysis. I also know that it is reasonable to expect sellers to have a bias when it comes to ...
Devon Locust
Tenant occupied properties
Hi all, I just recently got an offer accepted on a duplex in Michigan. The property is 100% tenant occupied and I have reviewed the current lease agreements and payment history of both tenants. Are there any potentia...
Daniel Fridrij
Zillow/Trulia: Seller Agent / Buyers agent
Hi everyone, I am starting to look for a property to buy, in these first steps, I am trying trough Zillow, Trulia, etc... Some questions:When I choose the option in Zillow to contact the agent, they connect me with so...
Thomas Pae
Hard Money in OKC Question
Hi All,
I've been looking into BRRRR properties within the OKC/MWC areas. Just got off a call with a local lender and he informed that if I were to get a hard money loan, I would need to create an entity in order fo...
Greg Widdicombe
Final transaction(s) in QBO to close out a flip
Hi many thanks for all the previous discussions on setting up QuickBooks for rehabbing, we poured through the advice and believe our setup and recording of expenditures are correct - now comes the fun part of recordin...
Todd M.
New Home Equity Loan after Quit Claim to LLC
Hey everybody,I've held an investment property (4-plex) for years and have built up some equity. I'd like to access this equity through a Home Equity Loan (HEL) and use it to make downpayment on another investment pr...
Molly O Branson
Creative Financing- is hard money the best option?
Hello! I'm under contract for my first multi-unit purchase (4 unit). The building needs a lot of work-- electrical, plumbing, roof, new kitchens, etc. I received a bid for $90k for the whole renovation (not including ...
Chibu Ogu
New Rental, Existing Tenant
Good evening!
I should be closing on a rental property in Baltimore in early June. The previous owner has a fabulous existing tenant who has signed a lease until May 2019. From what he’s told me she’s been a model te...
Austin Faux
Generic And/or Assigns Purchase Contracts
Has anyone ever gotten burned from using a generic and/or assign contract for wholesaling? I've got a good deal in Arkansas but I live in Colorado, and I want to get it under contract asap. I'm thinking of just gett...
Martin Casey
Investing in Duplex with 2 friends
Hello, I am a newbie here looking for some advice. My best friend, his mom and I are going 1/3 each into a rental property (our 200k offer for a duplex in MA was accepted this week). His mom is getting a conventional ...