Brenda Wright
What are the LOOPHOLES about an All-Cash vs. Conventional loan?
We are closing on a deal on a passive income property and wanted to know what are all the loopholes?- Property is in Memphis.- Property is worth 100k.- Plan on purchasing 15 properties.- 7% ROIWhat are the ad/disadvan...
Logan M.
2nd Delivery of a legacy home, 9 more to go!
Filling vacant spaces in your communities can be a huge pain!We were able to get financing through Legacy Homes, the terms are roughly 10 years with a fixed rate of 7.9% for the first 2 years then Walstreet Journals P...
Yeshudas Nair
Rentals
I am a complete newbie in Real estates.I saw this property listed on Zillow for $1 Million at San Francisco CA.http://www.zillow.com/homedetails/333-Bush-St-APT-...I had a concern, If i bring such kind of expensive co...
Justin Brickman
Hypothetical - 15-Unit Apartment or 5 Single Family Homes (All numbers being equal)
One of my client's asked me if I had to choose a portfolio between one 15-unit apartment or five single family homes, which would I choose? If all numbers were equal (purchase price, repairs, cash flow, expenses, etc)...
Joe Splitrock
Happiest Places to Live and Most are in California!
I am always interested when "best places" lists are published to see the effect it can have on growth of cities. I know in my city of Sioux Falls that when we have made it on many lists and it attracts people to reloc...
Eric Hathway
My manager is advising against repositioning my new multi.
I recently acquired an 11 unit building on the edge of a "C" area that is next to a "B" area. My property manager has been in real estate in this city for 50 years and he is even the previous owner of the building I j...
Michele Velazquez
Keep Tenant or Get Him Out
I have a MFU in Austell, GA which is managed by a PM. One tenant is paying $400 below market rent, he is often late for rent, and has returned checks. He is paying the least amount of all of the tenants. His lease i...
Benjamin Mavity
Value Add Flip, ADU vs Dwelling Unit, San Diego, Imperial Beach
Hey everyone, I'm looking at a potential value add deal for an investor. Fix/Flip or Fix/Build/Flip in this case. I'm an agent and I work primarily with investors finding deals in the SD. I sent my client a listing (s...
Tim Farmer
Multi-Family Cash Flow possible in Los Angeles?
BP Community,Has anyone has success in acquiring Multi-Family properties in the LA area that cash flow upon purchase? How did you find these deals? Am I going to have to suck it up and buy a property that operates a...
Abigail Lipson
Gotten Stuck Evaluating Where to Invest
This is a 2-parter. 1. I'm a real estate investor and property management company owner in Austin. I know Austin; I don't know other markets. I'm now looking to buy a SFH in another city and considering San Antonio, B...