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I am contemplating a 10 unit apartment complex but the seller does not want to give out tenant information. Is this common?We had a terrible experience with inheriting tenants. So we made it a point to make sure the ...
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Hey All,Ive got this deal i'm looking to structure with a partner. Its our first investment, and were going 50/50. Were going into a "C" class neighborhood and the numbers are as follows:Purchase Price: 39KRent: 850 /...
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Hello all,
I am as new as they come but have decided to give it my best shot..
I am located in one of the most expensive areas (Long Island, ny) so investing into my first property locally seems like not the best opt...
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My wife and I were having a discussion the other day. She feels that we cannot count on short sales as a long term strategy (for the next 10 years) and I believe we can.
I believe we can because as long as the banks...
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Hello,I am working on getting an offer in for a duplex for a potential house hack. I have run into a scenario where a friend of mine who is a real estate investor who is doing well recommend me to put down a good amou...
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I recently purchased an investment property in Montgomery, AL—a 5-bedroom property close to a major hospital in the area. It has an inground pool that I was initially set on filling in. However, lately, I've been rese...
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I would appreciate any insight or advice any experienced flipper can give me on this.My mortgage broker friend called me today with a potential opportunity to get in on a flip. Property is in Berkeley Hills, two story...
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I understand that Cap Rates are not a set number in an area/property, and they depend on many factors. So here's my question:How do you strike a balance between higher cash flow vs building value? Example:----------...
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Hello Everyone, I hope this is the correct place to post as I am new to the forum and have just been lurking around reading for the past year in hopes of learning all I can before pulling the trigger on a deal, so be...
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Hi everyone,I am finally going to be closing my first deal on a fourplex. The property is great, and it cash flows from day one, but the real reason I am excited about it is that all four units are rented significantl...