Hello, my name is Jon Huber. I just closed on my latest acquisition. It was a 6-unit apartment complex in one of the most desirable neighborhoods of Fort Lauderdale, Wilton Manors. This area is one of the most competi...
I swear this started out as just a sentence:I was born to a father that would drive me to school teaching me about stocks, bonds, mutual funds, anything and everything that involved money. He didn’t drill it but I cra...
My market is pretty competitive, so brokers and rehabbers came to us to get a leg up on the competition. While I love direct mail, the sellers have almost become numb to it because there are so many new "investors" en...
I am very excited to announce that I have bought my first rental property! It is a 4-plex in Lynchburg VA in a great part of the city. Details are listed below:All units 2 bed, 1 bath 950 sqftPurchase Price: $198,000A...
Hi All,
I am looking for some advice regarding best ways to acquire short term (approximately 24 months) capital for real estate development projects I have an opportunity to be a part of.
Long story short, I am a ...
Hey all,Wanted to share my story of my 3rd deal. At the close of the refi it was at 23.5% cash on cash and a 9.4% cap rate in a market where comparable multifam is trading closer to ~5.3%.I'd done two others (maybe fo...
I know families are a protected class so you can't discriminate against a family and not rent to them because they have kids.
Let's say you had two families that were identical in every way except the age of ...
I usually stay away from the Seattletimes because it's such a rag, but somehow a landlord managed to get a story in. Hopefully this link will work. Read the comments especially.https://www.seattletimes.com/opinion/sma...
Hi All,I have had this property manager on a new property for the past 5 months, and since the beginning, I've suspected that I am getting charged well over market prices for repairs. The units were not in great shape...
Hello people! This forum has inspired me a lot to say the least and by reading your stories and generously given advice has proven to me that all it takes is hard work, patience, tenacity and guidance. I’m just gett...