Pranay Advani
Looking to Invest in 6-10 unit Multifamily - Northeast US
Hello all, I want to take the plunge and enter the world of multifamily value-add investing. I am based in New York but will likely want to start out in a smaller, nearby MSA where price per unit is lower and I can lo...
Tonya Thompson
Is this a good deal? Cash on Cash Rate? Annualized Total Return
Hi Newbie HereConsidering purchasing a 3br 2 bath (1136 sq feet) to rent in the Texas area (rural area near Beaumont, TX)Price = $59900Down Payment = 10% (through finance company listing it for sale)Interest rate = 6...
Jack Srimani
How to market research if a emtpy duplex will have renter
Hi,
I am thinking of buying a duplex in an area I am not very much familiar with. Before buying I would like to market research that the empty duplex will really be rented and not vacant so that I can have a decent in...
Kevin McDonald
My deal good or bad, 2% not possible in my area
Do people really get 2% on rent of the purchase price? At least where I live there is no way this rule will work.A house that sells for a 130k (that doesn’t need any work) will get about 1200 to 1400 a month rent; no...
Joel Owens
Example of properties I do not like for RETAIL
Here is an example of stuff I see that I think is ridiculous. The property is single 4,000 sq ft building trading at over 700 a sq ft! If this tenant goes dark no way you are getting 700 a sq ft with second generatio...
Eric Smith
SELLING TO TENANTS
Hi everybody! I have some tenants that want to buy the house they are renting. I bought the house with a line of credit and recently financed the house for the full amount of $37000 after making repairs at 5.5% making...
Reed Sasamura
New Investor: Boston Background - Honolulu Upbringing
Hi everyone,I must say this site is impressive. There's such a vast amount of knowledge and experience here.Anyway, I'd like to introduce myself to the community. I've worked in real estate as an agent and eventually ...
Brad T.
Please Help Analyze This 12 Unit Apartment Purchase
Hello Everyone, I have just placed an offer on a 12 unit (3 fourplexes). Can you please give me your thoughts on the deal. The numbers seem to be good to me. Any advice would be appreciated.Offer price $800KOwner ...
Declan Kaster
Using social media to generate wealth
I've read that using social media is important for a business to become visible. So I started a twitter page. My question is, how do the followers I get lead to contacts/more properties/better deals, and ultimately mo...
Lawrence Paul
New Applicant makes 2.5x rental income - Q's?
Hello again,Curious if this tenant seems reasonable to you:Rental on property is 1245/mo with tenant paying electric and gas.Tenant makes 18/hr with a 11 month old baby, who's mother will watch when she is at work.Hus...