Michael Nelson
Austin Multi-Family - Prices still worth it?
Hello All - I currently have 2 rentals in the Houston metro (currently living in Houston), and have been considering using the FHA Loan with 10% down to purchase an owner-occupied triplex or fourplex in the Austin are...
Michael King
Rental Properties: what is a proven growth strategy?
I currently have one rental property. What is the best strategy to get my second property and then keep the momentum going? My goal is to own 15-20 properties. Of course I want them all to cash flow and so over levera...
Brittney Lynn
?Lets Try This Again!
Alright so my first potential deal was somewhat of a dud. Would you guys mind taking a look at potential deal number two. This is one of the 'best' deal in this area on the surface. I say that based entirely on the...
Mike Rutherford
From 2 to 10 by Year End - am I crazy?
I’m relatively new to RE investing. I purchased 2 SFH’s last year and they are doing relatively well. I initially thought it would strictly be passive, but I’ve got the bug! And like anything else in my life, I go ...
Account Closed
How hard is it to find reliable brokers?
I've started looking at what's available in my price range over the past few weeks ($400k-$550k), and currently my main road block is finding reliable brokers/agents. Two didn't even bother to return my calls, while t...
Jeff Lee
What Type/Quality Windowblind Would You Use?
Hello, all.Right now I'm dead set on using Faux Wood Blinds for my rent house (3 bed). Assuming the average cost of a blind is $45 (tax-included) with the house having 10 windows, the cost will be $450.My uncle, who h...
James Ross
The meaning behind NOI, Cap Rate, and Cash on Cash Return
Hello Fellow Newbies!I've been doing what all good newbies do when struggling to overcome analysis paralysis, namely reading books! And while doing so, the significance of some of the terms are starting to coalesce f...
Wes Talbot
New Investor in the Washington DC, Virginia, Maryland (DMV) area
Hello! My name is Wes Talbot and I'm in the process of separating from the military and will be starting a government contracting position in the DC metro area within the next couple of months. I currently don't have ...
Chase Gruening
Negotiations and Cap Ex
I am getting close to getting a contract on my second multifamily deal. I am having trouble estimating a accurate cap ex and we are about 20k apart on 330k counter offer. The deal involves 3 separate duplexes (6 total...
Ben Kirchner
Purchasing new construction to resell upon completion?
My wife and I have been tossing around the idea of investing in a new construction in a growing area where we live (Durham, NC). The construction would not be complete until 1-1.5 years. Therefore, the idea would be...