Hi fellow investors. I was evaluating a 88 unit complex and based on T12 financials it runs 69% expense ratio. Based on the actuals it is worth $4.2mm.Now the property doesn't have a listed price and they are looking ...
Hey there BP!I need some advice on how construction loans "typically" work.I am working with a private lender on a construction note., now this is not a typically loan that this individual provides, but he is willing ...
Hello,I recently found a property that is a 9 plex. It's 5 1 br/1ba units, and 4 2br/1ba units.From my best research the 1 brs will bring in around 550-600 and the 2 brs will bring in around 750-800 for a total of aro...
Hey all! My wife and I are opening a business in Minnesota and are running into an interesting hurdle with the required SAC/WAC charges. The situation is unique because our acai bowl store does not require any additio...
Can anyone recommend an investor friendly title company in the Conroe, TX area? I made several phone calls yesterday and when I mentioned "wholesaling", "assignment contracts", and "double closings" it was like a ...
Hello,We are under contract for a single family home that we bought that has a full kitchen downstairs with 2 non-conforming bedrooms, full bathroom, washer & dryer and living room area with a separate entrance (s...
Hello community, I am currently working on acquiring my first deal outside of my current bank financed home. Newbie questions1) I just finished rehab and refi on my current home and pulled 60k. What i didnt realize is...
I'm wondering how people invest in markets like Raleigh, Austin, Jacksonville etc where median prices are 300-400k and able to cash flow. I invest in areas in NC where an average deal would be 130-150k and rent at 130...
Are folks using these? If so how do you keep track of the codes and make sure it's ready for the next visitor? I've stayed at some STR's where the electronic door code didn't work and it was a real pain as we stood at...
I'm sure some of you may have heard of the book or course "The Banker's Code" by George Antone. I have read the book, and this is what I took away from it. If you want to become your own "personal bank" so to speak as...