David Ware
Time for ROI on Capital Project
Is there a general rule / thought on incurring capital costs and the time it takes for a return. I am looking at converting a 1 bedroom to a 2. If the cost is 7,500 and I would get 100 more per month (6+ years of re...
Cristobal G.
Using RUBS with common laundry
Working on my first BRRRR and getting ready to start the rehab on a 4-Unit. There is a spare room in the back about 10X8 that was being used as a storage room by the past owner. I plan on converting it to a laundry ro...
Joe Wooding
Off Market Deal Problems
Hi guys!As a relatively new investor I am looking for new ways to find great off market deals. So I have a few questions that I would be interested in hearing as many different answers as possible too.1) What sort of ...
Matt J.
Which Type of Financing for Building Out a New Unit
Hey everybody, I have a triplex in Duluth that is doing well for me, but we have a 4th room in the building that already has an egress window and a lot of things roughed in. I'm looking to convert it into a 4th unit, ...
Karthik B.
Washington, DC Pop-Up Rules
Hi,I am looking into purchasing a 4-plex in NE Washington, DC. Each unit is a 1BD/1BA and the building is on a 2700 square foot lot. I'm wondering if it would be possible to pop-up, add another level and convert this ...
Carson Wilcox
best practices to approach an owner...?
Hey all...SO, I am talking to a neighbor, and he tells me that the attached 3/2 across the street, a current rental, will be sold... That the owner is planning to remodel the kitchens and baths (original late 70's) a...
Brian Campbell
Help Creating Note with Multifamily Deal
I have locked up a property that has been converted into 5 apartments. I am interested in creating a note for this property where I sell it to another investor. I have some experience selling properties on a land cont...
Brachel Jones
Fees To Assess When Barring Right Of Redemption After Tax Sale
Hi!! I purchased a tax deed in Georgia on August 2015. Yesterday I started the process to bar the right of redemption. I know that I cannot charge the owner any rents for the first 12 months, but am wondering if I can...
Anthony Parsons
Leveraging VA and FHA Loans for Maximum Return
Good afternoon, folks. I'll try to be specific as possible. I have a few questions related to which loan works best given the below scenario.Currently, I have a VA loan at 2.25% on my primary residence. Looking to r...
Eric Prine
Primary Residence turned into a long term rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $75,000
This was our primary residence for 4 years and in October 2021 we turned it into a ...