Quick question: I received a call yesterday from my tenants father. He said his son just was sentenced to 5 years in prison and he’s coming this week to move his furniture and items out of the rental home I own. He so...
We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
Hi BPers,Looking at a multifamily property (4 units) that needs a considerable amount of repairs (~50k). Does anyone know of a lender that is willing to lend for the repair costs as well as lending for the long term, ...
Hello I'm having trouble starting wholesaling I have been to countless seminars, read books, and study online articles on wholesaling real estate. I'm stuck in the same position every time. I'm a single father of twin...
Hi all, I've recently discovered that the benefits of solar energy on a rental property are growing and increasing over time, saving most homeowners anywhere from $20,000-$50,000 and up! I actually quoted a cash buyer...
Yesterday, I posted about how we can solve affordable housing in America.I had over 80 responses and the conversation got very political, which was not entirely a surprise.My question though is what economic model is ...
Just finished up a new construction BRRR and wanted to share with the community. The numbers breakdown is at the end.
Purchase Price : I bought a lot the $20,000
How did you find deal / negotiate: Driving to check ...
Some questions for those of you already involved in this business:
1. How many hours per month do you estimate you spend managing your own property? (example: one 4plex)
2. What percentage of your tenants stay at le...
He everyone, I currently did a walk-through of my properties I own in the midwest. For the most part, I know what to look for. For example, I have a rental with two military tenants. They're amazing. The house was in ...
No. It might for a short time, but oil has fallen from $115 to $49, companies are already cutting back on projected production spending. They will cut back more unless oil suddenly rallies. In four of these states,...