Tom Butler
21 apartments in 80 unit development - request feedback
I have an opportunity to purchase 21 apartments scattered across multiple buildings ( 80 total in the complex). All 2BR/1BA, lower income rentals at ~$575. $135/month HOA. Mid-$30k/unit so with financing, insuran...
Dave Carella
your realtor fiduciary duty and contracts
So I closed on on the property last Friday and discovered in my closing disclosure I was going to PAY for Title Insurance, Settlement fee, title search fees and lean search fee which racked up about another 1k on t...
Ryan Kurth
I need some (safe) heat, stat!
Well, we have almost completed an extended rehab - new innards, finished a 950 SF basement, stopped flooding etc. (really wished I started a deal diary of this one!) and have run into a snag.The HVAC needs some repair...
Rick T.
Reverse 1031 Exchange On Existing Property?
Could I do a reverse 1031 exchange for a property that I recently purchased with cash? it would be the property that I first aquire for the reverse 1031.Below are more details:I purchased a property last month with a...
Erik Pfundstein
What influences your decision most when choosing markets?
Hi All,
Wondering what are the major factors that everyone considers when looking into different real estate markets? I live in Plymouth, MA. The towns can vary greatly in several demographics and statistics. I would ...
David Griffin
New to site, not quite an investor yet
Hello all. I'm David and I'm from SW Ohio, more specifically the Franklin/Middletown area. I'm very interested in real estate but more than overwhelmed by the amount of information out there. I have no idea where to e...
Jeremy K.
Rookie question - loan mod
Just doing my research and wrapping my head around NPLs. I have a question about the timing of the modification:Example: my borrower has 10k in arrears, and an interest rate of 12%Let's say I call him up and we agree...
Felicia Elliott
Need help understanding Profit Margin
Greetings,I’m new to real estate investment and I was reading one of the BRRRR blogs and it stated that one of financial goals regarding Margin should be at least 20% of the value after remodel.So here is my question,...
Brandon McGinn
Introduction and a Question
Hi, I'm a new member from CT interested in buying my first 3 or 4 unit property. In addition to introductions I have a question. I currently rent my parents house for next to nothing, and will continue to have this as...
Brandt Gentry
Line of Equity from empty commercial building, owned free & clear
I own a mixed use building in Connecticut, owned free and clear (no mortgage on it). It is currently vacant. I’ve been rehabbing it since early 2017. It’ll take a few more months to have it ready for rent, but need so...