Anthony Vander Meer
Appraising/valuating a 8 unit apartment building
hello all, I have an accepted offer on a 8 unit apartment building. I'm paying cash then doing a cash out refi. I am concerned the appraisal will come back low due to past small unit appraisals. What is the average...
Mike Simon
Help Analyzing this property
Hi everyone,
I'm new to investing and was wondering if this would be a good deal to pursue.
Price 450,000
Cap rate on listing is 13.35%
Taxes 15,700
Annual Gross rent 81,900
8 unit property
4 commerci...
Daniel Hillman
Advice on possible sale
I would love some advice on possibly selling some property. My parents have two duplexes in Minneapolis that they have rented out for a number of years. They are planning on getting out of landlording and are consider...
Kyle Barton
How to split cash out refi funds with investor
When doing a cash out refi on a property where the cash out amount is more than the amount originally invested, how do you split the cash out amount between the investor(s) and GP? Would the investors get the full cas...
Nicholas Welch
Tax-Assessed Value vs. Appraisal
Hey everyone, back again already! Has anybody ever had a home appraise for below the tax assessment amount? Typically there's a pretty big discrepancy, but it's typically one that goes in the opposite direction (tax a...
Chiquita Carter- Layne
Seller Financing Contract - HELP!
Hi REI Family.
I am VERY new to the business and this is my first deal experience. I had a property under contract to assign but needed to cancel that contract after the 14 day contingency after my due diligence gave...
Cara Lonsdale
Sandra Terrace Buy and Hold Turned FLIP!
Investment Info:
Single-family residence buy & hold investment in Phoenix.
Purchase price: $63,000
Cash invested: $14,000
Sale price: $238,500
This was originally a buy and hold. We picked t...
William Watt
Multiple Tax Certificates issued by Alabama
Person "A" purchases a Alabama tax certificate in 2008 and fails to pay any further taxes. The state admits to some errors and offered person "A" a parachute and a chance to become current, the does not. The same pro...
Angie DeNardo
Rent By Room Arvada
Investment Info:
Single-family residence buy & hold investment in Arvada.
Purchase price: $530,000
Cash invested: $32,000
Rent by room investment. Fully rented rental income $4250. Mortgage and e...
Ray King
How To Negotiate Repairs On Home Sale
-I have Single Family Home under contract price 220k - buyers inspection noted 2 items:
1) roof (shingle wear) replacement estimate:4,500-8,500. I was told the roof had 5-7 years left/no leaks
2) electric panel (do...