Mike Lynch
I need some help before getting into a potential mess!
Hi Everyone,I have a 2 unit, 2000 sq ft. commercial office building, which is empty now. We purchased it this past summer. Each unit is 1000 sq ft. separated by a long wall. There are two glass front entry doors abou...
Joshua King
Sellers agent is against using an FHA loan
Hi First time buyer here. Im giving an initial offer on a duplex and my agent says the seller is against me using an FHA loan. According to the sellers agent the house won’t pass due to paint chips. Has anybody worked...
Mike Hasson
Rehab company VS Independent GC VS Self managing subcontractors
Hi! I'm wrapping up my first SFR deal, it has been a gradual learning process and I tackled one issue per month; it was very time consuming, frustrating, and I was more involved in every step than I would like to be m...
Chad B.
I got my a$$ kicked yesterday in Columbus, Ohio
Yesterday I was feeling as good as it gets after running the numbers on a SFH and proudly putting in an offer on a house at full asking price with conventional financing; pre-approval letter in hand and a nice letter ...
Dennis Marshall
I want to get a private money lender | Need to know some questions?
I want to be backed by a private money lender so I can go after reo's for now. I just need them to put the deposit down where I would have some time to make moves and find a buyer.
What I want to know is what percen...
Matt Heath
Increasing Rent
Hello Everyone,I currently own a fourplex and am living in one of the units. The average market rent for a unit is $600. My units are being rented out for $525, $525, and $510 respectively. The tenants have been resid...
Tony Pardini
Newbie with a couple quick Qs
I'm in the military stationed overseas but will be headed back stateside in August. I've been doing a TON of reading about REI and I think it's the route I want to go while still working full-time. My plan is to use m...
Brian Warner
How would I get paid to develop land?
I am a Real Estate Agent, and I would like to start developing land in NY. I would like to get a group of investors together, but my question is how would I get paid while the project is under development? I know that...
Danielle Levy
Filing lawsuit against property management company
We are extremely unhappy with our property management company. They failed to rent a unit in a great location/condition and a hot market for 4 months, and the rehab expense reports don't line up with the estimates the...
Account Closed
Syndications
I'm looking to invest into a Multi Family Syndication deal and I noticed that the sponsor fees vary from about 1%-3%, depending on the deal. Is that fee usually based on the selling price or do they include rehab mone...