Michael J.
Out of town rentals?
I've noticed several of you mention you buy rentals out of your town and state. How do you manage the rentals while living in a different state? Do you use PM primarily? How does that work for you if you do?
I reall...
Kevin Goldman
All Cash or Loan
I have been sitting around and lost out on some multi families in the markets i'm looking at investing in. I have about $1mil from a sale that I need to put to work. I live in Los Angeles and do not want to buy in c...
Michael Hoover
Deal or No Deal - 8 Door Appt. , Rural but College town, Owner finance
I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town. 8 standard 2/1 apartments - Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rat...
Gabby McNabb
How to fund my rehab project
So im currently in the market to purchase my first rental property. Initially I planned to purchase a multifamily home through FHA 203K to rehab home and build equity in home while providing low downpayment of 3.5%Now...
Rob Gervais
Grand Rapids, MI - Cap Rates
Hello everyone,
I’ve been analyzing small 2-4 unit properties on the MLS for a couple of months in Grand Rapids. If I use 25% for expenses (5% each for vacancy, capex, R&M, and 10% for PM), most houses hover rig...
Andrew Oliveri
PRICE/SQFT REHABBING ESTIMATES in LOS ANGELES as of NOVEMBER 2022
I'm in Los Angeles and looking for triplex and fourplex properties for a house hack investment.My question is about estimating rehab costs for the possible properties I have found.Considering current inflation and mat...
Ed Perez
To rent or to flip is the question
Hello, I'm just torn between rehabbing and flipping a property I own free and clear or just rent out the property after rehab. I know in this business it's just a numbers game and it just up to you when you want to ge...
Adam Christopher Zaleski
How to deal with a wealthy co-signer parent that is a financial bully
I had a tenant for two months. They got evicted for not paying rent and eventually left, but on their own terms. It's a 20-year old rich kid that has zero accountability. His dad is very wealthy and is a bullyHis son ...
Robert Carlson
Benefits of Buying New Construction
So what are the advantages of buying a NEW CONSTRUCTION HOME? Well, here are some:
- Minimal maintenance worries, as everything is BRAND NEW. And for those things that do pop up, they are likely covered under a hom...
Ben Hudnall
Calculating Cash Flow - Am I missing something?
Hey all, first real post here.I have been looking at units with my broker and trying to analyse every property I can get specs on. The majority of them look similar to the following:Number of doors: 2Total Rent per mo...