Stephen Kiser
On week 2 of direct mail campaign ..
Hello everyone, After 1.5 years of selling residential real estate and being stuck in analysis paralysis I started a direct mail campaign. My goal is to get my phone ringing with motivated sellers. I want to be able t...
Chris Ruud
50% rule seems high?
I've been reading about the 50% rule (a quick way to estimate expenses being 50% of gross rental income) and have tried to apply it to properties for sale and it always comes out consistently too high. The numbers I'...
Buck Dabill
Old Hotel into apartments, Should I buy?
I have an opportunity to buy an old hotel built in 1952 which has been vacant for 30 years. it is a 42 room hotel on one level 13,000 sq ft. Cost looks like 30k. repairs are estimated to be 850,000. we plan on turnin...
Shay Yao
1st Time House-hacking Home Buyer: Need Advice on Location!
Hello, everyone! I moved to Atlanta for work a couple of years ago and I just fell in love with city. Now, I’m ready to buy a house and call Atlanta home!
As someone who’s relatively new to town, I would really ap...
Shyam Sundar
Reserves for buying rentals
I see some landlords say they own 10 or 20 rentals. I am not sure how they are able to do that - not the loan part as I am aware there are funding structures etc. but the cash reserves part. Don't people hold some cas...
Gerard Leeson
Advise on Chicago 3 Flat needing major renovation
Looking for advise. I have recently been tasked with getting a 100 year old brick three flat in Rogers Park Chicago rent ready. The building is fully paid off, and the owners, my parents, are retired and on a fixed ...
Olu Efunwoye
12 units apartment deal in Virginia
I have a deal I am currently looking at in Chesapeake Virginia, and I would love your thoughts on this:
12 units 1bed/1bath apartment built in 1912 (renovated in 2018). 9536 SF, the asking price is $995,000 at 8.07% ...
Michael Carbajal
First flip under contract to buy at 20 years old
Hello everyone! This weekend i just got my first flip under contract to buy. I have came up with at least a dozen exit strategies, the last one being wholesaling. I got it under contract at 27k and the ARV is 125k. Ho...
Jon Ferraiolo
BRRRR Into Your Permanent Home?
Hi all,
My fiancé and I are looking at homes in the Atlanta area, and I've thought about using the BRRRR method to find the home we want to move into. I would follow every step in the process, similar to how I plan o...
Ryan Wewerka
Foreclosures: Keeping Appliances
Hello! I hope this finds you all well. I am in the process of working through a contract for my first flip deal. On the offer I submitted, I checked the boxes to be able to keep the appliances because they are nice an...