Hello Everyone! I am just getting into contract in the next few days with a 47 unit multi-family property. The numbers are great, the occupancy is high and the property is well maintained! My questions is this....
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The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...

Hello folks - after severe mismanagement of my property by my PM company they are now telling me that I have until this week to find a different PM company. Most of the issues with the property have been due to the mi...

Hi,

I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.

If the foreclosure process wer...

My ex and I divorced back in 2012 and I did a Quit Claim Deed leaving him the house. My name is still on the loan tho. He recently passed away and the new girlfriend is going to stay in the house and said she would ma...

TLDR: Over the course of a 3-year relationship with Memphis Invest, I had multiple negative interactions and moved my portfolio to a different PM.
I am in the Air Force and move every 2-3 years. I’ve always been inte...

Property appraisal value: 265K

Borrower's down payment: 79K

You 1st trust deed: 132K

Seller: 2nd trust deed: 70K

Two year balloon

In addition to the high combined loan to value, what e...

Not sure I understand how wholesalers without any cash or credit can make offers to a potential seller and get around the hurdle of showing proof of funds needed to close? Can someone explain this?

Please share your systems and tips for successfully running a low income investment strategy. Especially around rents, maintenance, evictions, tracking expenses etc.

I recently purchased a few low income properties ...

I'm looking to buy a park. I'm very process oriented and want to document everything. It will help the park manager to know what to do, how to do it, etc. Any park owners willing to share what they have put together? ...