Hello BP Members!I feel like I've finally found a (metaphorical) home! But before I get into all that I'll start with a quick intro. ;)My name Sam Valme (pronounced "val"-"may", Haitian decent). I am a software engine...
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Hi All,
As stated above, I am buying a 2 unit house from a seller who is a contractor. He renovated the 1st floor beautifully. I will be living in the second, and he agreed to sand and stain the 2nd floor hardwood in...
We attended an event that had renowned author, podcaster, and 2000 plus door owner, Rod Khleif. During his presentation, he made a point of why multi-family was so exciting that caught my ear. He spoke about the valua...
Hi team. Im In San Diego, self employed for the past 15 years, have about 30k cash, have about 150k in equity in my residence and Im looking to prepare for my familys future... My greatest challenge right now, is my b...
Finally taking some action and meeting with my first motivated seller today. Unlisted property in a area listing houses for a million dollars, actual comp are in 750-800 range, he's got a unique setup so a hard comp i...
How would a subject-to purchase be structured to include the seller receiving some of the equity as passive monthly income. Please name all documents such as purchase agreements with the needed clauses protecting the ...
So I’ve read Stefans books in the past and paid a premium price for them, then they put you into a funnel and do continuous sales calls. After being transferred to the “next tier” sales guy I almost bought into a $37,...
What says the group? I am about to close on a 6 plex. This is my first multi family. It's a great cap rate, good income, there's a maintenance guy already in place that wants to accept work, so overall, I feel like it...
Good Evening BP!I talked to my lawyer today to finally set up a LLC to add another layer of protection against liability. My concern now is, how difficult is it to obtain a loan from the bank under a LLC versus under ...