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I found an off market 4BR/3BR home in a 'B' neighborhood. The home has sat vacant for 20 years (yikes!) but small stuff has been addressed and maintained. The home ARV is around 450k-500k conservatively but it likely ...
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Hi, thank you for taking the time to read my post. I am a new investor and am eager to get my first investment property. Looking mainly at 1-4 unit multifamily buy and holds, but also considering SFRs and flips.I have...
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How would you guys calculate an expected number for ongoing repairs and maintenance on an old, lower-income type property?
Specifically, I'm looking at a 9-unit building that is about 100 years old and has gross inco...
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Hey everyone!
Here's my issue. I met a seller a couple weeks ago before I had much knowledge about the business. I was interested in wholesaling his house for a small profit or around $4,000. He owes 68k on it an...
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I have a question concerning the typical relationship between an investor and realtor that is working with other investors. I recently started working with a realtor who has at least three other investors. Although I ...
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This is a first for me.
They've signed the one year lease, given me the full security deposit, supposed to move in on the 1st, sends me a text that they're $70 short, ($620 rent)
Won't have the rest til they get paid...
I was wondering if anyone actually already closed a syndication deal to share their experience, and expectations vs reality. I am looking at a 400k 6 unit building that is positive cash flow. I am 21 years old with ex...
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I'm looking for advice on how to structure partnerships in general. I'd like to bring my parents into a STR deal where my wife and I would present the majority of the up-front capital and handle all of the management,...
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Hey guys, I'm interested in opinions on this STR deal in downtown Austin. I've already signed the contract (lmk if you think this was hasty on my part -- would love to know why) and paid some earnest money (I'm long-t...
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What would you say, is the average percentage of Cash on Cash Return to look for in a Multi-Family deal?