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I have a seller verbally agreeing to sell me an 8-plex for $265K. I have NOT had an appraisal done, but I can't imagine it would appraise for less than $300K. I thought the seller was interested in owner-financing th...
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My business partner is on pace to manage 100+ units at some point next year. We are brainstorming our options.. whether to outsource the management.. whether to keep in house and develop good systems. Any thoughts on ...
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By luck or maybe not I received a call about acquiring 6 properties. I need no money down but I am responsible for the loan payment and back taxes. I normally do 1 SF rental at a time so this sort of deal I am havi...
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Hey all...so just a little background on my family and I. I currently work for an insurance company as an underwriter. My husband is a private music teacher. We are living in my grandmothers house while she is at a...
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I am interested in people's thoughts on realistic expectations for turnkey SFHs across different markets, as I am just getting started and trying to calibrate expectations. I have evaluated a few dozen properties...
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Hey everyone, So our first month with our 10 plex we also kept the same property manager. We tried it for one month and it was a very hectic month. We can see she is not the right fit for us and we will be letting her...
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Hello all-
This is my first post and I am floored by the knowledge here, so I am hoping I can get some solid and helpful answers! I already own two duplexes on my own which I hold in an LLC. I am looking to purchase ...
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I am looking at buying a 5 plex in a very small town. It is about 15 min in between two other towns that have a population of 4000 and 8000. They are asking 100000 for it and it gross rents equal about 2250 a month. T...
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I have an opportunity to buy 7 long term rental condos in a strong rental area. Broker said he can get me a loan for 70% of the purchase price at 5.99% and then pull the other 30% from 3 units I currently own free an...