Michael Willis
Seller Financing on an Investment Multifamily
If I only have 20% and banks are requiring 30% for a down payment, and I have no reserves after the down payment but the seller is willing to hold a note, whats the best structure for that deal to be made? 1) I remit ...
Ganesh S.
New member - Charlotte - Retail NNN investor
I am so glad to have found this website! Its great to see all the discussions and strategies used by successful investors :)
I am an software engineer by the day and dabble with real estate in the night over the last...
Gulliver R.
Valuation of park with many POHs
How would you all valuate this park?
$600k purch price
36 lots @ $215-225/mo
5 occupied tenant owned homes
23 occupied POHs (which are on RTO contracts)
6 vacant POHs
1 manger lives in a home (maybe POH)
1 homes is ...
Chris T.
Your forumla for making an offer
I have a question for all of the wholesalers out there. I have a couple of properties I am looking at to wholesale but actually have never done a wholesale deal before. I have done plenty of reading on the topic,etc a...
Mike Heth
Structure of 3 person deal
Hey everyone. My 2 friends and I are looking into a short sale opportunity with a lot of promise. They are each just finishing up their first flips, and looking for their next. I am more into buy and hold, and h...
James R.
Tenants Split - She wants off of the Lease
I just received an email from a female tenant telling me that she and her boyfriend have split. She moved out yesterday and wants to be removed from the lease. I haven't had this happen in 10+ years of being a landl...
Levi Lewis
Would you.... BRRRR?
If you purchased a house cash for 20k, put 15k into rehab with an ARV of 75k would you BRRRR? Im wondering if having no loan on the property is worth more than smaller cash flow and potentially doing it all over again.
Chirag Shah
Air Bnb Questions - Austin, TX
Hey all,Had a few questions about Air Bnbing in Austin, TX.
I am house hacking, and have an extra bedroom in my unit that I hope to Air Bnb. According to the city's website, I need to apply for a Type 1, Partial Uni...
Daniel Dietz
How is "boot" taxed in a 1031 Exchange?
Hello All, I am trying to understand how 'boot' is taxed in a 1031 exchange. I am looking at a potential purchase from a relative and they might be interested in doing a 1031 into a new property, and I am wanting to e...
Glen Frailey
Pre Screening Tenants
I'm new to this and having property management issues with the quality that they are sending me. I was wondering if someone has a checlikst of minimum quality standards in the areas they deem the most important.