Hi All,
Looking for advice on the next steps regarding loans. We maxed out at 10 personal loans, with one title that is free and clear. Will anyone give an 11th personal loan? Do we need to switch to commercial loans...
Hi, We are looking to buy a home in San Diego where we currently live. It is a seller's market (like most parts of the country) and the agents we are vetting have all emphasized how important it is that the agent and...
Hey Guys,This is my first post so I welcome criticism and suggestions for improvement in presenting this data :) The listing details are below along with my cash flow analysis. I came across a listing from a friend ba...
Hello! I've been flipping for ~10 years now (just very slowly - 1-2 per year) and have done well on each one. I've taken the profits and invested them in 4 rentals (and a personal res) over the course of that time. Th...
When negotiating purchase price, which scenario for NOI do you use? Trailing 12 months actual? If so, do you adjust for the assumed run-rate for repairs/CAPEX (e.g. a as a certain % of revenue) instead of using actual...
I recently discovered this platform and my wife and I are looking to purchase our first rental property? Does anyone have any suggestions or pointers for a Credit score, lenders/broker, location, down payment amount (...
Good afternoon,
So I made an offer on a 2 family which also includes a store front in Brooklyn, NY and my offer was accepted at 435k. after sellers concession it brings the cost to $461,100. I will be get...
Is it really all doom and gloom regarding condos? I know someone out there has a condo as a rental that is doing well for them. Please share your story and give us details about the expenses and income. Thanks!
So here is my situation: I've decided to form an LLC renting multifamily properties. Right off the bat I will have 140k of my own cash to work with. When I initially became interested in the idea of multifamily renta...
48 Units44 - 2/14 - 1/1ASKING: $2.7M Gross: $365,000Net (depreciation added back) $234,000New shingles, new rain gutters, great location next to park, not far from down town, preferable area of town. No current vacanc...