Nathan Ryder
Is Real Estate Options a Good Tool?
As a new investor I am trying to fill my "Toolbox" to close as many deals that come to me. I have come across many ways to invest. I have learned wholesale so far, but would like to have another option for those tha...
Avtandil G.
Strategies for dealing w/ MFR brokers (who fudge numbers)
Hey folksI've been looking to buy a couple small (6 to 10 units) MFR. I'n looking to get 7%-8% CAP c-o-c. Have been scouting usual sources like MLS, Loopnet, Marcus... Plenty of fish in metros I'm interested, advertis...
Bryan Hancock
Business Focus With Constrained Resources
On a separate thread today there is a debate about flipping versus buy-and-hold. The point was made that one should focus their investment strategy and that diversion from focus is a sign of an amateur. Others disag...
Brian Zitzow
Realtor shocked I want to offer 100k less than asking price.
So I just got off the phone with my realtor. I want to write an offer for 245k on a duplex that is in probate and asking 350k. He was shocked. He said he "knows it is worth at least 320k". It's tax assessed at 315k in...
Nat C.
Fourplex crisis
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
Daniel Ortiz
Best Towns/Cities to Invest in MA?
Hey Everyone, Interested to hear where people in Massachusetts have decided to invest and why?Dan
Paolo F.
Information on depreciation
Good morning,as I am very small I am trying to fill my tax return for my duplex by myself.The IRS documentation seems clear but not on houses depreciation.My doubts are:1) Should I start using depreciation from the fi...
Scott Gordon
First Property - Tours/Application Process
Hi All! I just closed on my first property this past week and am hoping to have it rented out by June 1st. I have 130+ messages on Facebook Marketplace alone, though I realize not all of them will be qualified even th...
Michinori Kaneko
Difficult Loan on a residential building
Hi,
I have a potential property i want to buy. It is a residential building with approximately 60 units. I've seen the numbers, it cashflows well, but i've spoken to few lenders and it seems like it will be very ...
Stirling Mintz
New Canadian Investor in Montreal, Quebec
Hello, My name is Stirling. I have no experience in REI, however I have ammassed considerable savings, enough to make an investment in a plex rental property on the island of Montreal, Quebec.
I do not yet think I am...