Hi All:As I begin my journey and explore some of the different ways to raise capital for an initial deal, I have run into an interesting question that I would like some advice on from folks that I know are more experi...
Hey all,I've been working with a realtor in Austin, TX looking at buying rental property in the area. Based on our research, it's going to be nearly impossible to cash flow in the area unless I bump up my down payment...
If you were interested in bidding on an industrial property coming up for auction in approx 1 month, how would you handle an environmental inspection? Would you skip the inspection or pay for an inspection before bidd...
Let me preface this with I am a newbie investor having only one SFR but found a small apartment complex that seems to be a good buy and seeking any advice I can get. It is not local to me but could drive to get eyes o...
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I'm in contract to purchase a 2 unit occupied property at the Jersey Shore for $485,000, which I offered to buy based on receiving both units vacant (so I could do short-term summer rentals). I learned today that the...
Hi Everyone,When running your numbers on single family homes for long term rentals do you change your regular maintenance and CapEx reserve numbers when looking at homes of different ages? For example, a home built in...
I know most of us don’t always go by the cap rate for property, but I think that’s probably what we have, to be able to compare properties and to sort of assess the market.
For a class C product but in a decent blue c...
Hey everyone, not sure if this is the best spot to post this but I figured fellow Pros would most likely have the best advice on this.Our office is looking to get a virtual answering service to handle incoming calls. ...
BP, I am working on a deal in Texas, and I have found an off-market portfolio that the seller is willing to finance. I've done some underwriting, but I am caught up on what interest rate to start negotiations with. It...