Kyle H.
6 Units - I Need a Second Look
Hello everyone!I just came across a 6-family (6 1 bed 1 bath) units. Here are the details:Purchase Price: $119,900Fully Rented: 2 long-term tenantsAnnual Rent: $35,700 (35460 rent + 240 laundry)RE Taxes: $1532Insuran...
Gino Barbaro
What is the best management solution for 10-50 units??
When we first started out, we employed resident managers on our properties. We had a 25 and a 36 unit, and each had a resident manager that we issued a 1099 and paid a percent of gross revenue. As we grew, we replac...
Ashton Noland
Subject To Financing
If I were to consider Subject-To financing for a property owner, do I need to have my own finances to do this? Do investors typically use funding for this or their own money? Any ways to get this done without using my...
Eric Cruz
Baltimore wholesale deals
Hello BP, Today I was contacted by a motivated seller I never done a deal so when that phone rang I froze. I eventually got myself together and asked questions, but didn't really know what to ask. I know she owes a co...
Marc Beaulieu
What are the real benefits of an LLC
Every book I have read about buy and hold investing talks about forming an LLC as an essential part of your business. The line that is repeated over and over is that it protects you from a tenant suing you for everyth...
William Washington
Multi-Family Syndication Northeast Ohio
I am coming up on 3 yrs in my real estate career. I recently came to the realization that I only have 6 units and my goal was 20 units before age 30 and I just turned 29. Syndication has been my goal from the beginnin...
Evan St. George
Rent is now coming in... where to put it?
*With apologies for how basic this probably seems* I wanted to ask for general advice on where rental income should "live" in the short and long term, and make sure I'm handling things correctly. My wife and I just mo...
Caleb Webster
Who's BRRRing multifamily in Portland?
Just curious, is anyone on here actively brrrring commercial multifamily properties in Portland? What do you look for in a potential investment? How are you finding your deals? I invest in value-add multifamily OOS bu...
Asa Davis
Can I dispute an appraisal?
Hey everyone, I’m a newbie real estate investor. I purchased my first home in May of this year at the purchase price of 239K. We renovated extensively for a total cost of 45K so purchase price plus renovation cost is ...
Jared Murphy
Cap rate and Cash on Cash correlation
Hello,I'm new to real estate investing and have been analysis a hand full of deals. From what I've learned so far the cap rate in my area is between 5.5-6% As I run the numbers on a 38 unit apartment complex with a ...