Cameron Lam
Newly acquired 6 PLEX in AZ. Need Advice!
Hi guys!
I recently acquired a 6 plex in Mesa, AZ that consists of small studios and 1Bed/2bed units. The units range from 350-600 sq feet and we are in our inspection period. The purchase price was $460K and am us...
Raymond Garcia
STR Investment Calculations
I'm new to this forum. Reading "The Book on Rental Property Investing" brought me here with hopes of learning from others' experience.I'm very far from from making an investment. I am currently trying to evaluate area...
Kyle Hendrix
First Investment Property: $600/mo Cash Flow!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Youngstown.
Purchase price: $67,500
Cash invested: $21,000
Sale price: $67,500
Purchased this Duplex for $67,500 using...
Daniel Johnson
How to keep track of finances on multiple flips?
I am looking for some tips, advice, insight whatever, on a problem that my company is facing. We use the houseflippingspreadsheet to keep track of individual projects, which is great, but does not give any sort of com...
John Grinston
I Would like information about cost of new construction.
Im looking into building a multiunit in my area.I would like to know what a good price to expect per square footage for a simple build.
Matthew Spiers
Contractor Completely Overcharged Me - No Way to Pay
Hi everyone,I've been building a 4-unit property in FL and I had a specialty drywall contractor I had to hire for a fire-rated ceiling. They had to do some work outside the scope of an initial contracted amount of $19...
Braden J.
My first property
My first property and first post. Just closed on a brick 4-plex ranch, two bedrooms each, fully rented with good tenants. Paid $115,000 with a 4.5% 30 year loan. Gross Schedule Income is $24,500 with rents currently b...
Blake Dailey
I Bought A 130 Unit Hotel and Resort!!
So excited to announce to the community that as of last month, I acquired my largest deal to date which is a 130-Unit Hotel and Resort in the Smoky Mountains of Tennessee! I'll include all details below.
THE LOCATI...
Patrick Hancock
How to Approach a Private Money Lender
Hello, I’m getting ready to approach a private money lender with a project I am considering. In addition to the credibility packet, I would like to put together a packet that describes the project in detail and of co...
Amir Khan
Figuring out rehabbing formula
I am new so forgive me if this has been discussed before. I am trying to understand whether there is general rule or rule of thumb formula to figure out percentage costs of a rehab project. Specifically figuring out p...