I was all set to close today, but the bank waited til the 11th hour to tell me the comps were too old (2 years old) and there's no way they could take the loan. This was a small bank who is supposed to be innovativ...
Some of you already know the story, but for those who don’t I wanted to share how this deal came about.As a brand new acquisition company located in Arizona, this was our second contract we ever locked up, the first o...
How do you go about insuring that your units stand out in their given area, attracting higher rents and more quality tenants, without overdoing it and wasting valuable money? Do most of you find only one or two differ...
Hi,My rental property's roof is 20+ years old. Last year, a heavy rain and storm damaged it and I had to replace the entire roof which costed me $21K. I understand that a roof repairs can be deducted as expense in t...
Hey everyone, I’m a new investor ready to get my first deal and wanted other opinions on several different directions I could go with my first purchase.
My Goals: start out with a focus on LTRs with SFHs, self-manag...
Hi,
I'm diving into real estate syndications and working on raising capital for a couple of new development and value-add multifamily projects I have in the pipeline. One challenge I’ve encountered is that a lot of s...
I've been wanting to get into REI for awhile now and I've spent the last 4 or 5 months going down the rabbit hole.... Researching and taking notes, reading through the forums, reading books, listening to podcasts, stu...
The Wall Street Journal just released announces that the Biden administration announced a three-month extension to a national eviction moratorium, a move designed to help millions of tenants who have fallen behind on ...
Hi there!I'm contemplating adding a bedroom with a bathroom into my single-car garage space... nothing major, just a simple space conversion. Has ANYBODY gone through the permits process and done this? The costs from ...
Hello and thank you for your brilliance in advance. There's a lot to this electrical story but I'll try to focus on what I'm here for which is a practical and more immediate solution to a much bigger problem of a buil...