Travis Washington
Assuming Existing Tenants
Recently inherited two tenants of a duplex I purchased. One has been there for 8yrs and the other 7 months. Both are in there 50s and both on month-to-month.
What to hear your method of how you would approach these t...
Brian Ortiz
Avoiding Balloon Payments For Owner Financing
I saw a couple of online sources that advocated a graduated payment strategy as an alternative to offering a seller a balloon payment in an owner financed deal. The deal has a constant 5% interest rate, but to entice ...
Craig Markhardt
Howling Plains Apartments in bedroom community of Sioux Falls, South Dakota
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $2,500,000
Cash invested: $700,000
Two - 12 unit two story apartment buildings with two - 12 unit single gara...
Solomon Brown
206 Maple Rental
Investment Info:
Townhouse buy & hold investment.
Purchase price: $213,000
Cash invested: $13,000
This is a Townhouse located right outside of Forman university. The townhouse is 3 stories with a...
Bola A.
Raising Rent payment
Hello,
I am trying to raise rent on my property, My current rate is $200 below market rate. This is the third year and the first time I am raising the rent. I will eventually raise it to match market rate, but I do n...
Seth C.
What's the MF equivalent of $1 in earnest money?
In the MF culture, what is the absolute lowest earnest money that won't be rejected out of hand? There are a number of reasons I want to go this route on a deal... Thanks!
David Hayes
Warehouse conversion to flex space, has anyone done this?
Curious if anyone has any experience in re-positioning warehouse type building to more of a "flex" space, some office, some warehouse and/or light industrial. What I'm seeing is that the warehouse buildings in the ar...
CJ M.
Terms for portfolio loans
Hello,For those of you that are over the FM/FM limit of 10 financed properties (I think that's the limit now), what lender terms are you generally seeing out there?For example I just did a few deals with the following...
Matthew Crivelli
Brace Yourself! DSCR Loan Rates Are Through The Roof!
I've been beating this drum for a while now and it looks like we made it. The rates on 30Y fixed DSCR loan products are now starting close to 6.5% - 7% and we are being told to brace for more increases. Many refinance...
Aaron Morrow
📢 MARKET UPDATE - November 2022 🚨 (Greater Seattle Area)
Shift in Market Brings Some Relief to Buyers 🏡 Check out our update for November!A more traditional fall market is providing some relief to buyers, as active listings have nearly doubled from a year ago. While inflati...