Henri Meli
Your thoughts on these numbers ...
Brick construction, 20 units , Built in 1970, Location NC, Area characterized as Class C. I drove through the area, there are new constructions happening on that street and the streets nearby. Property is master meter...
Recia Davis
Negotiating 40 condo package purchase - need help evaluating
I'm going to be looking for an investor for a large condo package (40 units, same complex) and I need help negotiating/analyzing the deal in order to make sure it's profitable and attractive for an investor. Are thes...
Marcus Blalock
Chattanooga, TN property: Looking for some advice
Hello everyone: First of all this site is awesome. I found it a couple of days ago and have spent hours reading it. The knowledge here is a little overwhelming for someone like me who is new to REI. With that said,...
Tom Gdovin
Connecticut pointe apartments Joplin, MO
There is an auction for these unfinished apartments. 450+ units. November 12, 2015The buildings are in varying degrees of finished.I am in a 1031 and am interested in purchasing or at least bidding on them. However I ...
Account Closed
Looking at commercial building in Maine - need input
Hello all,First (and long) post. This is a general shout-out to the more seasoned investors out there, from Maine in particular. I’m looking at the numbers on a 2-story commercial building in my town (Dover-Foxcroft,...
Jeremy Benezra
Federal Way - Duplex laws
I purchased a house in Federal Way at the foreclosure auction. It’s near Military Road S and 288th. My question is can I make this a legal duplex and rent out the upstairs and downstairs separately?As I bought the h...
John Nicol
What I did when I inherited my childhood home.
Investment Info:
Single-family residence other investment in Shawnee.
Cash invested: $72,000
Inherited jointly with my brother. He did not want any liability or responsibility in the house as it was in ...
Erik Pilon
Does all cash always trump a mortgage?
I’m on the fence.For rental properties, some books and podcasts say get as many properties as you can with as many mortgages as you can with $X. Others suggest to take the same amount of $X and purchase with all cash....
Ed Sautter
First time BRRRR with 1885 Cottage in Syracuse, NY.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $13,500
Cash invested: $54,000
The Land Bank house is my first attempt at BRRRR deal. I will end up leaving some m...
Josh S.
Two duplexes on two adjacent properties, not a GREAT deal, but...
I am looking at two potential duplexes. I'm in a small town Texas with a moderate amount of appreciation, but stable retirement population and blue collar workers with steady (though slow) growth. There is a community...