Tyler Hespeler
Potential First Deal
Good Morning All,I am meeting for my first potential deal today and I wanted to post the details up here so I can listen to any feed back.-It is a deal with a private seller-Its a 2 bed 1 bath in Groton, Connecticut a...
Sam Mann
Min. Amount of Capital Needed
What is the minimum amount of capital needed for someone who currently is not working, to purchase a commercial property, such as a motel, with a down payment of 20% and getting a mortgage from a bank, and being able ...
Becky Haag
Would you do this buy and hold deal?
Purchase price $185,000. Would offer $195K with no inspection. Using business line of credit @4.25%. Pay for a few years with line of credit then get a business loan for the remainder. $50K down from savings for do...
Sean Hurwitz
So, how much do I REALLY need?
Hi there, I'm a 'newb' from Los Angeles, CA and I have a quick question for all of you out there. Here are the stats on a hypothetical Flip deal:Cost: $125K Sale Price: $220K Rehab total: $40K I'm planning on putting ...
Paul Bryzek
Using AirBnB as a Tenant.
Hi Everyone,I wanted to get your viewpoint on the idea of securing a property from an owner on a month to month lease agreement, only I would then turn around and become an AirBnB host on that same property. This is ...
Gabriel Alvarado
203k Purchase and Gut Rehab of 4-Unit Building in Chicago
Hi,I am currently in discussion with my neighbor to purchase a 4-unit building in Chicago (Logan Square). The current layout of the building is 2 floors, with 2 units on each floor, and there is an unfinished basement...
Amador Abreu
Potentially dangerous eviction - Seeking Advice
Dear Community,
I recently purchased a house at auction in Tacoma, WA. The property includes a small house with a detached garage, offering significant potential. However, a challenging situation has arisen: the prev...
Mark Beekman
25% for property manager?
I was just told by my real estate agent that property management firms charge 25% of gross income!? I thought they usually charge between 5% and 15% depending on the services (with the 15% covering just about everythi...
Jewel B.
Shopping Lenders and Preapprovals: HMLs and Refinancing
Happy Tuesday everyone,It is time for me to reach out to HMLs, as well as potential lenders for the refinancing portion of BRRRR, in order to find the best fit and get preapproved. I'd like to know the best method of ...
Kim R.
Tenant Application Process, Screening Services, etc.
Hi fellow investors,I am getting ready to show one of my rentals for the first time since purchasing it in August. It is a 1 Bedroom, 1 bath with c-class tenants. I am thinking of using an online screening service for...