All Forum Posts by: Robert Ok

Doing some prepwork for my first house-hack. I've been drawn to the 4-Plex method where you use your VA home-loan to purchase a 4-plex then rent out 3 of the units. However, I could use some historical performance information on how this 4-plex method stacks up. This is for the greater Dallas/Fort Worth area. I'm a rookie so bear with me if I get these terms wrong. When I mean "performance information" I mean things like Rent Growth, Vacancy/Absorption, Price Per Unit, etc.

Also, is there any other financial information I should be looking for, especially considering doing this for the first time? I'm literally going to be doing this for the first time ever? Thanks for all the input in advance guys

So quick question for those who have house-hacked using the duplex style where you live downstairs then rent out upstairs. What percentage of the total mortgage does the rental payment from the guest end up being?  I mean what was it for you? ...for those that did it...using a duplex.

There was a link somebody posted here for on-demand coaching. This is like for 1-2 hours, etc instead of buying a whole course.  Does anybody remember such a link? geewhiz! I've been searching for it for days now.  TIA if you share the link.

So I've read the steps and procedures of doing a fix and flip from multiple sources and all understand them.  Is it advisable that I attempt a project on my own and use an on-demand coach if needed for an fix/flip project, or should I pay $2500 to sign up for the Fix-and-Flip training programs being sold by quite a few folks

ohh, I see. So the heavy lift for the multi-family route for newbies is the extra capital needed. I'm correct on this? 

for newbies who are just starting out in REI, is it advisable to start the REI journey from the Mult-Family category of things, or is it a smoother lift cutting your teeth first with single-family residentials?

nobody from BP or anywhere has urged me to read any particular book just to be clear.  I was merely browsing Amazon and saw quite a few that grabbed my attention.

I'm in a non-disclosure state and was scouring through YouTube to find a workaround for pulling comps in a non-disclosure state.  I found the below video which was endorsed by a seasoned real estate investor (Matt Larson).  Now the jist with the workaround is that instead of using the actual sale price, it recommends using the value under the "Listed For Sale" line.

So is this an advisable value to use in lieu of the actual price that usually appears at the "Sold for" line in Zillow (if the state was non-disclosure).  The Youtube video is below.

what's up fellas. So for the Comps you make to arrive at your ARV something that jumped out at me was the adjustments. E.g. you could have adjustments for extra garage, carport, bedroom, etc.

So when doing Comps for a typical wholesale or Flip deal how many of these adjustments do you typically run into? What's really the practical situation.

** Strictly restricting this for when doing comps between properties in the same sub-division **