Oleg Brown
50% rule. Should we use this on small multi family properties?
I’m trying to put together my first buy and hold deal somewhere between a single-family residence and a four Plex most likely. I’m using the 50% rule for every property I come across and none of the numbers seem to be...
Sam Booth
Is this a good deal?
I have two opportunities coming up and wondered what you think of these:
Property 1 is a duplex is a 1/1 each side and in a town of about 13K population and they are asking around 425 with zero offers on a duplex tha...
Daniel Warren
tax implications from small apartments
a local deal popped up in my hometown for an 8 unit apartment. works out to a 15.6% cap rate. has 4 2br/1 and 41br/1 and rents are 400/300. 3 empty atm but he says he has calls all the time and stays full most of t...
Lawrence L.
Looking at a property
Goodmorning. Looking at a 2 fam semi attached in NYC near Yankee Stadium good shape Sq ft 4,167 plus a two car garage. Would like to change to 4 family, but would have to make 1 apt handicap accesible. Comps in the ar...
Steve Lyman
Am I getting in over my head?
Help!
I am a newb when it comes to real estate investing. A family member came to me recently, knowing that I am looking to get into REI. He is selling a property in a rural area about an hour and a half northwest of...
Justin Woodworth
Need Help Analyzing New Construction Deal
Hey Guys and Gals,I need help analyzing a new construction deal I am very interested in pursuing. Since I have limited experience in this field I think it would be best to have you guys triple check my numbers! Here g...
Gabriella Pleasant
Questions from the 9/8/16 Webinar
Hello everyone,I attended the webinar but due to the time constraints I wasn't able to have most of my questions answered. So since I'm so new to this some of these questions will probably be pretty basic. I'm reading...
Jon A.
Looking for lender recommendations
We own a duplex with a DSCR of 1.5 (from what I understand) and about 60% equity. When the pandemic hit we took out an equity line and I pulled all the cash out and put into a savings account out of fear that they wou...
Vincent Plant
HELOC to renovate flip? This a good idea?
What do you think of this?
I have never Invested before but this is my rough plan please critique as brutally honest as possible:
My primary residence is currently worth about $240k, I owe $174k. I was thinking of t...
Wendy Forbes
Subdivision creates new APN?
I am looking at buying a piece of land in LA county. in the description of the land on the auction website it gives the APN number, but then has parenthesis and says (lot 22) It also mentions being a subdivision lot. ...