I'm curious how y'all determine ARV (After Repair Value) in your area. I'm looking at some foreclosure's and the hardest part seems to be what they would be worth after repairs. I have a great estimating software to...
I found a property on Craigslist this morning, contacted the seller, made him an offer and he accepted. The property is located about 3 - 4 hours from me so unless it's absolutely necessary, I would like to get it und...
I am working on an REO deal that is in need of Rehab, the property has been half rehabbed already and needs more. It appears that the garage has been converted into a master suite.
I am trying to figure out if the...
Hello all. I'm a relative newbie and this is a question which I can't get a straight answer or even guidance from my real estate agent, friends, etc.
I've been looking to buy a duplex in the Kansas City or Lawrence ...
Hoping to generate a good discussion to learn how people got started with multi-family units, especially in big cities where prices are so high. How did you locate the property and make the deal happen?
So I'm hunting for a property yesterday and I found a property that has a tenant who is section 8 they have lived in the unit for 14 years. I see great potential for cash flow the property looks great I'm just not to...
I own and operate 7 MHP communities in Florida. I have a elderly MultiFamily property seller that wants to avoid capital gains taxes in his lifetime by implementing this unique deal structure which my CPA said would w...
Hello BP!My partner and I closed on a duplex at the end of April. We knew we were inheriting a tenant when we purchased it. We won't be able to start work on the property until he is out because he has the only baseme...
Hi guys! My name is Jennifer and I am new to wholesaling. I just sent out a batch of yellow letters and got my first phone call. Unfortunately it was an angry caller. I guess he was upset because he received my lette...
Hi everyone - I'm building a small portfolio of multifamily property in Jamestown, NY. I'm having a challenge finding a loan, whether that is a DSCR or a mortgage that will fund for $90K (I'm putting $30K down) under ...