David Ounanian
How do I conduct due diligence on a property before making a purchase?
Conducting due diligence on a property before making a purchase is crucial to ensure you're making an informed decision. A well experienced real estate agent can help you through this important process. Here's a compr...
Edward Coleman
Exit/ Stay Criteria
Hello everyone!,2 years ago I purchased a class A, 3 bedroom 2.5 bath home in a medium sized city as a place for my wife to live while attending medical school. During the time that my wife occupied the home she had t...
Rene Montelongo
Unfamiliar with multi family, is this a deal??
Hello all. In Houston, I generally wholesale houses but ran into a multi family deal. It's a 10 unit deal, 5 duplexes, all on one large lot with room to build 2-3 more. Owner wants 265k, willing to negotiate. It's not...
Andrew Schena
Buy and Hold Calculations
Hey Everyone...I've got a question for those who are familiar with calculating the Cap Rates and Appreciation on buy and hold investment properties.
Should your cap rate calculation include the c...
Geraldo Coldros
Rental investment property repairs
So recently we looked at a property that was priced right and in a great location. Aesthetically the property was fantastic. The problem was that the AC unit, roof, water heater and some plumbing needed to be replaced...
Abad Marroquin
Water bill is 17% of operating Income
I am analyzing an 12 unit apartment where the owner pays water and noticed that the water bill represents 17% of the total operating income. I don't own any apartment, so I don't know if this is within the norm. I als...
Chris Daliani
Oil Tank & Home Inspection
Hello BP!In process of purchasing 2 family property in Bayonne, NJ. Had oil tank sweep and inspection yesterday...of course there is a curve ball...No oil tank on my property. HOWEVER!!! There is a shared common drive...
Ray Loveless
A 4-plex deal in salt lake. Am I missing anything?
So, I'm looking at a 4 plex deal in the Lehi, Utah. A nice area just south of salt lake city. I'm calculating my expenses and income. Am I missing anything? Purchase Price $500,000.Monthly expenses$2,839 principl...
Lori Martinez
Still Looking for Opinions on Robert Woodruff Course "Keys to Cashflow"
Hello. Does anyone have the Robert Woodruff course “Keys to Cashflow”? I aminterested in how the course worked for you? What was your opinion of it? lease respond to Lori.
Dustin S.
Sanity Check on a Tri-plex Deal
Hi All just wanted to get a second opinion on a short sale Tri-plex I am under contract on.So the Purchase is $357k its a 2/1 house plus a 1/1 and studio guest house/casita out back The 2/1 has been rented out in the ...