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Hi All,My name is Andy and I'm a relatively new investor in Madison, WI. I cut my teeth on my first purchase in 2017, a one mixed building with 2 commercial tenants and 2 residential tenants. I had an eviction in my s...
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Hi all, I live in California, and am looki at several good deals in Michigan. This long distance deal will be the first I have ever done. Ideally, the property I buy will be turnkey, but I have a feeling that most of ...
Will try not to waste people’s time with unnecessary details. Basically, I am embarking on a project where I am entitled to 50% of the property, and I am needing to use hard money to borrow fix-up costs to get the pro...
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Hi All,I am new investor based in Bay Area CA, looking to invest in small multi-family (Duplex/Triplex). What I am noticing in the Bay Area is most small multi-family is really old construction around 70-80 years old....
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Hello everyone,
I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV. What has been the most reliable way for you to calculate t...
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Hi, I'm closing on a multi-family 4-plex in Phoenix and I'm starting to research property management companies. I've noticed that some charge a flat rate vs taking a percentage of the total rental income. The flat r...
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So I read the beginners guide, and have been hearing a lot about this 2% rule since I started looking around Bigger pockets, and my question is, is that really true for single family home rentals?
My grandfat...
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Land Trust Assumable Loan?
So perusing things, I cam across this gem:
Making Loans “Assumable”. A non-assumable loan can become effectively assumed by using a land trust. The seller transfers title into a land trust...
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It would seem that the REI Flipper would plan to reave a sale price that would work for a buy and hold REI.Do any of you plan your rehab with this in mind? If you knew you had a buyer at the end at some agreed to pri...
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Hello all.
I am currently searching for a SFH or Condo to purchase in Columbus. I have a brief idea about the neighborhoods but, thought it wouldn’t hurt to ask. Some preferences I have are:- Most important thing to ...