I've purchased a HUD condo for 76,000. I expected closing costs to be somewhere in the 3-3500 dollar range. I've just been given the HUD addendum listing seller payments and buyer payments, and the total I owe in cos...
what does a “2 month lease” mean because I’m currently trying to lock up a property in Dallas but the seller tells me there’s another person offering the same price as me but they are offering two months lease and I’m...
If you had a private money lender, how would you structure a deal with them so you both win? Also, would you choose SFH or multifamily?
Hi all - my wife and I made our first 4-plex offer last week and our deal was rejected out of hand. I am fairly confident in our valuation, but just looking for a sanity check:Asking price: $220KRent per unit (x4): ...
Hi everyone,
I'm running into an interesting situation and am not sure which path to take.
I own both sides of a townhouse-style building. I am actively showing one unit to potential tenants, but the unit next doo...
Greetings everyone.As I'm ramping up my marketing in the coming months with what little time I have available trying to build a REI business, work a 9-5 (hoping to be out of this in 1-2 years), and chase a toddler aro...
Hi all,I'm putting this out to the community for thoughts because this is a first for me as the landlord/manager of a small (< 800sf) San Francisco condo rental. The toilet tank in the condo unit overflowed and wa...
Hi all. My name is Josh and I am a twenty year old college student. I've got my eye on a property now that is currently renting for $470 a month. It's a two bed, one bath with a one stall garage, and it's two blocks f...
I'm developing a multi-family community from scratch, and hired a local civil engineer firm for site work (grading, erosion control, drainage plan, etc.) design. The design will be used to get city permits. It is expe...
I've owned a quadplex for almost 2 years, land-lorded by a property manager since Day 1. I've had one of the units vacant the entire length of my ownership - the initial vacancy was filled, then a troublesome tenant m...