Hey guys. I am super excited to be part of this community, and wish everyone tons of success!On to my question- so I just purchased my first multi family property, it is a 16 unit property located in Texas. We just w...
Having been around since the very early 80's, I've seen a few real estate cycles. I'll freely admit that I did not foresee the extent of the recent collapse. I saw a decline/correction coming, beginning in 2003 - wh...
I've been buying some Fannie inventory and I keep getting stung with the re-key fee. I've tried putting it on my original PA that I won't pay a re-key fee. That portion of my PA gets rejected. Their addendums call ...
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Hey everyone, I’m getting into small apartment investing, I’m looking for a 5-8 unit property at the moment, I’ve read people use the 50% rule, as a rule of thumb when making offers, does that generally include your v...
How long should you give a property management company to rent out your property? This is our first property and we hired a property management company that had good reviews but it's been 4 months and the property is ...
Mostly looking to vent and see if other people who are investing in the area are feeling the same sentiments. Been looking for a while now for a MF property to house hack my way in real estate, but homes are low in in...
My grandfather passed at the end of August with a reverse mortgage in excess of $850k on his home that was recently appraised at $585k. HUD has informed us that they'll accept a short sale for 95% ($557k). I had the t...
There are numerous advantages to investing alongside a syndicator, such as having access to more investment opportunities, diversification, enjoying high returns at a lower risk, etc. But as a passive investor, you ne...
Hello all,So I've got an interested seller for 16 units I'm trying to acquire. He's given me his last 3 years financials (as reported to the IRS), but I haven't been able to get the T-12 or rent roll. We've only been ...