Allan R.
BRRRR strategy hiccup
I recently bought an inhabitable triplex, made 40k of repairs, got all units rented out, and now have been told I can not refinance cash out unless I hold the property for 6 months. I want this cash so I can repeat th...
Ryan Hutchins
Automatic Renewal Clause in Utah
Question. Does anyone know if there is Utah Law or court cases regarding automatic renewal clauses? I know in Wisconsin that there is a statute: http://docs.legis.wisconsin.gov/statutes/statutes/... that makes the cla...
John Kane
Hard money problems!
Hello all. I have a complicated property that is in the middle of rehab. It is over budget and way behind on schedule. Most of the delay has been due to zoning issues. I have a hard money loan on the property and am f...
Mike Jimenez
[Calc Review] Help me analyze this deal
Hi all. Just ran these preliminary numbers. Tell me what you think. Thanks View report
*This link comes directly from our calculators, based on information input by the member who posted.
Jay Libowitz
Gang activity outside 4-plex
I’ve owned a 4-plex near Dallas, TX, for 10 months now. Class D, but the tenants were friendly enough. Now there is one unit that is attracting all kinds of “activity” at all times of day behind the unit. The other th...
Gerald Bruno
First investment loan advice?
Hey all, So I have a single family and a duplex, all bought under an owner occupied loan. I found a property in California. It's a duplex with a rent roll of $1,480 a month (one at $830 the other at $650 both 2br/1ba)...
Oscar Chirinos
Heloc, brrr rehab costs, waiting period for refi?
Hello guys quick question, if i use a Heloc to finance the BRRR strategy, is it true some helocs do NOT allow you to use the funds for rehab or closings costs, and if they do allow it, is there a waiting period for re...
Ben M.
Property management fees
Just got my first rental property and just realized that I totally missed on including the property management leasing fees on my numbers. This fee usually equals one month of rent which is a lot. I am still cash flow...
Brett Jackson
Opinions on 2 duplex deal
Hi all, I'd like some seasoned opinions on a deal that is now at my fingertips. I've measured this from every angle i can think of, but i'm still nervous about overlooking something. Here's the specs
2 dup...
Frank Scala
Smart Buy? First Multi-Family...
Hey fellow Renters,
Is this a good multi-family or am I missing something? I'm going to check out a few properties in PA this weekend for my first investment and am particularly excited about this one. I ran ...