I have a deal on the table right now and I’m not sure if I should close or walk away from the deal. It’s a duplex and the listing says that the property is 2100 sqft the purchase price is 165k. The appraisal came in a...

Hey everyone!

What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...

Malcolm has 3 properties currently. Two are in foreclosure and one is not but needs extensive repairs. Malcolm's objective is to get them out of foreclosure and make them income generating properties. This can be done...

Hi BP
I've been investing in medical office in Orlando for a few years now. As a broker that's the area I specialized in for many years and an industry sector I know relatively well. However, I'm only doing 1-2 acquis...

A friend of mine and potential business partner is interested in going 50/50 on a first property this summer (likely a SFR that would be a buy and hold/rental). We are both complete newbies to this space, and while I ...

The last week has been depressing as we went through a prelim exercise to understand our tax situation. We have a MAGI of over $150k through 2 W-2's, live in a rented house and own a few multi-families. We made a rent...

Hi Everyone!

I was wondering how long it took you that wholesale to do your first deal? I have been doing this for a little over 2 months with little luck.

I have made a lot of contacts, have been building my buyers...

I am suprised that no one took Josh up on his offer of making a suggestion and starting a topic for this on the open forum.

My post to his Blog was as follows and any and all comments (good or bad) are welcome.

The ...

Hello,

I’m a little bit confused about agent commissions and have a few quick questions before I contact any. On the A to B side, if there is no listing agent and I am using a buyers agent to kick deals over to me...

I’m sure everybody here knows what a cap rate is, if you don’t, a cap rate is basically a measure to understand your rate of return based on NOI (net operating income) the property is intended to generate. In general ...