So here are the numbers....Property sale price is $11M (50 unit built in 2017, 98% occupied, rents on par with market)Rental income totals $860K (rents plus all fees and garage rentals)Expenses total $240KAble to secu...
I have been experiencing awful conditions as a buyer, expected to pay record low cap rates AND accept giant material defects, quickly and with cash!Sellers are trying to unload turds to unwitting newbies and unfortun...
Hello all, I have one rental property under my belt and coming up close on closing on my second property which is a duplex. I’m thinking about providing a cleaning service and lawn care service with no choice, to ensu...
So my partner came up with a creative way around an appraisal issue and I'm wondering what you all think! - Buyers are prequalified based on debt/income for 300k debt.- Buyer submits offer to buy house at 250k- House...
My group is in contract on a 12 family multi that will require a gut rehab. How do you track down a GC that can provide a statement of scope of work needed for the bank and how to present that need to the GC. What ...
I am planning on getting my license to become a referral agent part time while i work at my full time Job. Before I can move forward I'd like to get a professional's opinion. Seeing as though a sale through a referral...
I’m currently reading “What Every Real Estate Investor Needs to Know About Cash Flow...” and just finished the section about the relationship between IRR & NPV.
I don’t feel I have a good grasp on this concept a...
My fiance and I are moving out to Colorado in the summer and instead of renting, I'd like to try and buy a multi-family unit and rent out the other units. Is this kind of strategy ill-advised and/or difficult to pull ...
I am looking to buy a single family home for a buy and hold rental property 50/50 with another couple. For the rest of my real estate I'm in LLCs but for this one we want to get a personal loan, together, so this is n...
I have a Land Contract I just wrote beginning of this month. It's for a property in Lafayette, IN, 3 bed 1 bath alot of new stuff remodeled just before selling. The "note" is for 80k, 3k down @8.5% over 30 years with ...