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We are about to purchase complete appliances for a flip here in Memphis with ARV around $500,000. We are leaning towards going with Kitchenaid but our GC suggests the Frigidaire Pro, which will save about $1k. I thi...
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What is a gross rent multiplier? Why is it important and how do I use it effectively?Thanks in advance -Aaron
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I'm working on buying this property that the seller is wanting to walk away with 70k. The comps are saying around 63-80 in that area. But I think the property is over priced. But the cash flow is like 427 a month, thi...
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I currently have a deal under contract for 15 SFH and 3 duplexes for $306,000, the properties gross $6,750/month in rent. The properties are very conservatively worth $445,000 as-is.I have $30,000 to put into the deal...
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For all of the investors and fellow agents in Fort Worth, are there any good meet ups in the area? If not, who would be interested in starting a monthly get-together for networking and building business?
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I bought a house in October of 2020. My family and I still live there but rarely use the basement. I would like to convert it into a small apartment that could generate some cash flow. It has a bathroom, an office are...
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I'm exploring air filters for tenants, a friend mentioned it being a benefit with their lease. What do you think?
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Quick question on Net Worth and how it is calculated from a Bank's prospective. Lets say Our LLC purchased a property for 4 Million. We syndicate the deal with 25% down using none of our own money in the deal. Our...
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I recently purchased a 4-plex and would like to start setting up for purchasing at least 15+ unit building in the Minnesota/Wisconsin area. I am wondering how cash reserves are reviewed for such a purchase? I would be...
What commission is typical / appropriate on a multi family block with a sale price of $ 3 million? This is in respect of an unsolicited bid received by the broker from a single party. There is no extensive marketin...