Dianne Pettitt
Investment in The Summit Lofts in Georgetown TX. Is this a scam?
We were called by Novak Capital Management offering us to invest a minimum of $125,000 in a development named the Summit Lofts in Georgetown TX (209 mi south of Austin. They project a profit of 200% in 3-4 years. Is...
William S.
Tenant signs lease yesterday, next day wants out?!
I have a tenant that signed a one-year lease yesterday. During the interview process she said she was downsizing which is her explanation on renting. The very next day (moving day) I get a phone call saying she wants ...
Jay M.
REO vs. uninformed buyers
Hello All, I have a question regarding bank fantasy pricing vs. buyers totally overpaying. This is the scenario. Bank bought back foreclosure, loan amount was for $208k a couple years ago. Buyer realized he overp...
Harman N.
How much value does turning duplex to a triplex add?
Hey folks,Roughly how much value does adding a legal ADU to a duplex and converting it to a triplex bring? The duplex is in the Inner Sunset in San Francisco, and the 2 existing units are 2BR/1BA 1200-1300 square feet...
Brandon Craig
Should I sue?
I invested 40k in a syndication 2.5 years ago. It was a 18 unit and a few triplexes. We were supposed to get our investment back at refi back in January (year 2)And then cash flow every month after that until they sol...
Peter Neill
From PPR Note Co. to GSP REI: Finding My Freedom Raising Capital
Let me preface my story with my definition of freedom: doing what you enjoy for a living with the people you care about.
My name is Peter Neill. I am a capital raiser, real estate and note investor, community organiz...
Seth B.
What do you guys think of this deal?
Hello All,It's been a long while since I've been on the forums, but I have finally decided to get serious with purchasing a duplex this year. My apartment lease is up in August so I have set a goal to be in a duplex b...
Amber Saulsbury
What CAP rates are you seeing in your market for multifamily
Hi there! I am looking at a 10 unit multifamily condo type complex. It's in a B class area. I am wondering what sort of CAP rates members are seeing for similar types of properties. I know this is very general inf...
Jackson Risse
Can't pull the trigger because of interest rates??
I keep on hearing from investors that "I'm waiting for interest rates to go down" or I hear "I need rates to go down for the numbers to make sense". Maybe these investors are saying this because they just got into inv...
Andrew Christie
Wholesaling an Apartment Building
So... I've got this apartment building under contract. I've advertised it to the two local REIA groups we have here and I have it posted on Craigslist. I've called several people in my network to let them know. I'v...