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Hi BP,First time investor potentially closing in on his first deal. I am currently in negotiation with a seller to buy two duplexes here in South Florida.To give you some background information the seller is an elderl...
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I can work with the higher interest rate and try to find deals that fit the added expense, but if you do a CL on a 20 year amor with a 10 year balloon, how do most people handle this?1) do they simply save up the case...
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I'm new, but it seems to me that in general Real Estate doesn't make much sense without loans. It seems that by using your cash as a down payment on a loan, you are able to get a bigger property with better cash flow,...
I put our condo for rent in Chicago and three very similar tenants, (same age, race, sex etc) all saw and submitted the application at the same time. Background checks and credit scores all checked out so I have nothi...
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Hi there!I am interested in investing in a fixer upper but am not knowledgeable about how to estimate costs. Can someone help me round out how much a full gut rehab would cost and then build a 4bd 3ba unit on each of ...
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We want to follow Jesse Vasquez's advice and offer Walmart+ grocery delivery to our MTR tenants. We just can't figure out the logistics of access to the account and adding/removing payment information. Here's our thou...
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I own and operate 7 MHP communities in Florida. I have a elderly MultiFamily property seller that wants to avoid capital gains taxes in his lifetime by implementing this unique deal structure which my CPA said would w...
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Hello everyone! I am intending to purchase a house hack in Houston next year and I am unsure of when to start speaking to lenders and agents. My current apartment lease runs out at the end of June, so I would like to ...
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Hi All,
I have a property that is under market rent. Tenants have been good tenants for the past 3 years. They started paying $1500 and are now at $1850, market rents suggest around $2300 - rents have risen drastic...
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I'd love for someone to go through some math here. Everything I read talks about the pref and splits and percentages, but I don't know percentages of WHAT? Of the NOI, of the cash the LPs invested? Both? Here is what ...