Ernesto Hernandez
New Member Intro - San Francisco, Ca
Good afternoon everyone. Long time (sort of) listener, first time caller. I wanted to formally introduce myself and hopefully begin to develop a network of locals with whom I can engage with and begin my trek in the w...
Liam Morris
Analyzing a Rental Property Deal
I'm still new, but trying to practice evaluating opportunities as I see them. Could you guys help me make sure my thought process is correct for the below opportunity? Tell me where the holes are.There is an opportu...
Page Huyette
This REO Triplex doesn't meet 50% rule--but does it still cash flow enough to purchase?
Running the 50% rule shows this vacant REO triplex at a negative cash flow, but when I run a more detailed analysis, it seems fine. I'd appreciate insight on this deal:
Purchase price: 209k max with 25% down
Gross ...
Nick Coral
12 Unit Rehab, other opportunities - Seeking Advice
I have an odd set of circumstances and could use some help navigating. Would love to hear your thoughts on the following transaction(s).The goals:
To rehabilitate a 12 unit multifamily in central Maine (fully occu...
Jimmy H.
Cincinnati 5 family analysis
This property is located in a relatively nice Cinci burb. It is REO bank owned foreclosure, no short sale. Listed with a realtor at $157,000. Currently vacant (i've yet to figure out why banks vacate all the tenants i...
Kiosha Boyles
Tips to get started
1. How much cash would you recommend having in reserves before buying a STR? 2. Also, would you ever recommend getting a personal loan to cover the down payment or renovation costs?
Neal A.
Insurance suggestions for flips?
I’m currently under contract for a “fixer upper”. For my buy and hold business. I engaged my normal insurer for the basics but they refused to cover the property based on its condition. Namely the roof is shot, so is...
Account Closed
Newbie who analyzed some rental properties. What do i do now?
My wife and I analyzed some small multi-family units and the numbers looked pretty good. A two unit and a four unit with a potential 45% cash on cash return and a duplex with a potential 36.5% cash on cash return. We ...
Cory Dean
Dallas Texas: Recommended Minimum Cash In Hand
How's it going everyone!I am looking to invest in a buy and hold rental property in or around Dallas Texas with upfront expenses for repairs to be below $5,000. Being extremely new to REI, I am wondering what the idea...
S Smith
What was the last cash deal you made?
Just a thought.
Wondering the last deal you closed.
What was the spread?
What area was the property in?
What type of investment was it?
You know people say that there is a shortage of cash buyers. Just wondering ...