Demetri Xanthos
First Rental Property, Heloc or ?
Hey all,First time poster long time reader. Bought my first two family in Lyndhurst NJ, December 2017 and currently living in one of the apartments. Purchased the home for $315,000, it is a 3 bedroom, 2 bath (two beds...
Derek Martin
Seeking help putting together a Closing Statement (cash deal) without help from an agent or attorney
I am in the process of purchasing my neighbor's home for cash. It is very inexpensive and needs tons of rehab. The neighbor and I have agreed upon a price. The only real hiccup is that the property has a very large li...
Julie Daniels
Making an offer on my first multifamily
There's a 4 unit multifamily listed at $180k. Each unit rents for $650, though 2 are currently vacant (though ready to rent), due to the owner getting a new full time job and not showing after the other people moved o...
Sean Price
This is supposed to be a good deal, but the numbers don't work
I found this 6 unit multifamily. Here are the numbers:Monthly income: $5450Yearly income: $65,400Total reported expenses: $22,900 for the yearNOI: $42,510. He is asking $425,000 for the property which puts it rig...
Tommy Adeoye
What do you think about the 63121 and 63111 Neighborhoods
I have been getting tons of owners looking to sell distressed properties between $5k and $12k on the high end in the 63121 and 63111 St Louis MO. I comp’d the areas and turn key go for $29k - $39k. They seem more like...
David B West
Accidental STR Purchase - Dumb Luck or absolute mistake?
I live outside of the US in Belize CA. Have a very demanding w2 Job which pays excellent as I am at the top of my game. The whole reason behind the home purchase was for my 8yr old step daughter who is smart as a wh...
Brock Dowis
Long term and short term rental partnership
I am curious if this sort of partnership already exists. But wouldn't it be advantageous for a long term buy and hold investor to team up with someone looking to do AirBnb arbitrage? If the property is marginal or may...
Michael Guzik
Property Manager Needed (20 unit complex)
We are under contract on a 20 unit apartment complex in Odessa Texas, and are looking for a property manager / management company. Do ya'll have any recommendations or someone you use?
David Ferrette
Multi-Unit Deal
I would like to get feedback on the following house hack deal. My business partner will live in one unit while we rent out the other three for the first two years. The home was built in 1945 so it is older but the s...
Jerry Collins
Newbie in Sunnyvale California
Hi, I'm Jerry Collins and my goal at this point is education in anything that takes my family from the rat race to passive income. I learned a lot of the basic concepts and agreed that we needed to go there long ago,...