Taylor Forconi
Costs of Flipping a House
Hi everyone, I have been reading everything I can for a while now and I just had a quick question. I have been looking over the sticky on this forum about The REAL costs of flipping a house. Clearly all of these costs...
Zach Melson
Appraised Value
Hi everyone, Just a quick question- I am using a commercial analysis for a property that is a fourplex, however my numbers do not come anywhere near what the asking price is or what the seller is willing to settle for...
Jeff Jenkins
Deal Analysis
Hello all,
Can anyone recommend a method to practice analyzing multi-family deals without having a broker waste time retrieving rent rolls, P&Ls, etc?
Would anyone also be kind enough to provide a s...
Lee Ali
The Fallacy of the Necessity of Down Payment.
Banks have led a great many people to believe that the mortgage mess exists because too many loans were given at or around 100% LTV.
That is hogwash spread by banks because the...
Account Closed
How to Evaluate a Vacant 44 unit Complex
Hi first time posting on this thread. A Little bit about me, I am an investor in Las Vegas who is looking to make the ultimate leap into multi unit complexs. My thought process is why start small? I have read the b...
Denny Pugh
Thinking Out Loud
My wife has inherited a townhouse from her mom. Long story short, she lived alone until she passed at almost 90 and at times was quite a difficult person to deal with. She had cats and the smell had been building for ...
Holli Phillips
Bought properties at a surplus sale and can't unload them
My husband and I decided to invest in some properties last summer from our county surplus sale. We had a "mentor" that got us into this and charged a fee for his guidance. The whole idea behind these were to buy the...
Cynthia B.
Can you offer some advice on how to negotiate with this contractor ?
Hi Folks,We have recently purchased a rental property and are eager to get a contractor in there to renovate and make the house rent ready. It's a lower end 1960s home that will generate under $1,000 monthly rent . I...
Annchen Knodt
Purchasing "subject to" in Texas
Hi BP,
My father @Tom Knodt and I potentially have a motivated seller in Brenham, Texas (near College Station, between Houston and Austin) who we think would be a good candidate for a "subject to" purchase for a buy ...
Michael Stole
Bid on my first HUD property
I will place my first bid on a HUD property. What can you think of to increase the chance of acceptance? Cash close? close early? No contingency? Any thoughts are appreciated, but just don't tell me to increase the pr...