Garrett Balsick
The Preacher's House Rental/Agritourism
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $58,500
Cash invested: $17,500
"The Preacher's House" This house is on 6 acres with an outbuilding. It was trashed ...
Timothy Smith
Financing mixed-use 4-unit -- mortgage opinions wanted
I'd love some feedback as I shop mortgages for a mixed-use building I just put under contract. The plan is to convert the commercial space (currently 1 of the 4 units) to a residential unit, which I've already cleared...
Erica Kirkland
First conversation with potential seller
Hello everyone! So I am a newbie and I have located a property I may want to wholesale and will be calling the owner today. However, I am slightly confused on how this convo should go. I will ask if he is even inter...
Chris Baxley
2nd Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $425,250
Cash invested: $107,000
We used equity from our first Rental Property, which I had purchased and lived in ...
Brian Campbell
Please help me Determine Multi Property Offer
I'm meeting with the seller and not sure how to negotiate this deal. The type of renter these houses will generate will be lower end renters. The houses aren't in the best neighborhood and the seller makes only th...
Andrew Graham
Multifamily Fire While Deployed
I'm currently deployed overseas and just learned that my 5-Plex caught fire. I'm not sure how badly it was damaged, but based on the pictures I was sent I know I won't be able to rent any of the apartments out for qu...
Account Closed
Closing the deal
So far I've found my deals on the MlS. With that party over for now, I'm turning to direct marketing for the first time. I read a statement here a while back where someone said about a newbie "even if they got the ...
Mario Gonzalez
For out of state investors, did you buy without visiting the area
hello, correct me if i am wrong but if your market is too costly investing out of state makes sense if cheaper. goals: cash flow 1. research a market and take a trip there?2. find a investor agent someone who owns ren...
Thomas Ingrao
Taking over a tenant occupied rental
I’m just trying to figure out the leasing situation for a triplex that is fully tenant occupied. There is time left on the current lease. Do I “take over” the existing landlord’s lease until it expires or should the t...
Eric Samuels
First year interest free loan for basement work on duplex?
Hey everyone,So I closed on this duplex in Philly end of September and I am house hacking. I’ve already spent a significant amount of money on fixes. Some fixes I knew about before closing and some that I was unaware ...