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In the process of evaluating 6+ unit multifamily properties, I've come to the conclusion that these properties are either EXTREMELY over priced, or my estimates for expenses are too aggressive. In many cases, I'm...
I have the option of buying a 4plex at 94,000 (Cash) that's generating 1,460 a month and 17,520 gross yearly. They all are occupied at 365 a month and are paying there own utilities. My NOI would be 13,156 and I got t...
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Some deals are better than others. And some deals sting for a long time afterwards. Although I learn something on just about every single deal we do, usually the ‘stings’ come with a lot of education, so I’m here to p...
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I am curious if anyone has any valuable insight into Snowshoe in WV. I know previous threads had some negative insight, but was wondering if there was any updates. How much are HOA fees typically in Mountainlodge. Do ...
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Hey everyone,I am getting into the game and came across the BRRRR strategy and think it is the best fit as an investment strategy for my goals. However, as I'm reading David Greene's book, I realize that to make this ...
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Hello, I am new to this forum and really enjoy the mediation since it fosters growth. This is the kind of Intellectual capital that makes me proud to be an american. However, in light of this horrible global economy...
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What happens when I stop paying the mortgage payment on multiple properties? I do not have a choice at this time. I have a number of rentals and my cash flow is very good but I overextended myself, and my cash reserve...
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I am a former builder, did one flip REO property about 10 years ago, that was financed with my business line of credit. I've been doing research on house flipping and buy hold investing (mostly flipping). But anyway...
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Hi,I have a pending offer on a duplex that is being offered below assessment. Its currently tenanted and i am buying it together with the leases (1 year term). The house needs work but the type that can be done in bi...
Hello all - I thought I would come to this community for advice on a matter that has been a problem in a neighborhood I own two properties in for over 5 years. This is in the state of NC.Situation: I own two propertie...