All Forum Posts by: Will King

I applaud you for wanting to invest in real estate. Without much experience, partnering with someone with integrity and experience would be a good start. If your goal is to get passive monthly income, being a lender would get you there. Depending on how long you want your money working for you, apartments could be a good fit. Are you just wanting to invest and not learn the business or do you want to learn the business? Either way blessings and wisdom to you in your investing. 

When buying a fourplex that has one water heater and one meter for electricity. What's the best approach, should we put in separate meters? How to address one water heater? Thanks in advance for feedback.  

Congrats. Awesome job.

Does anyone have a simple word document LOI? Thanks in advance

We are currently working on a 14 unit in Ft Worth TX near downtown and historic district of Ft Worth. Fully occupied. Seeking a capital/equity partner on this deal.   

Looking for a private money partner for down payment and rehab. 24 month term with equity kick at time of refinancing. 10 unit multifamily.

When wholesaling a cash flow rental, is the cash flow most important or value of the property? Thanks for feed back.

We are buying a 10 unit complex. The seller purchased the units on seller finance. He has not paid off his seller. We are buying the property at $320k on seller finance. 30 AM, no prepayment, 8.5% APR, 15% down. We have discovered that there is much value add, 6 units are $180 under the market rent, 4 units are $70 under market rent. This is self managed by current owner. We are wanting to make sure we structure this correctly. What information should I get from my seller?Thanks for all the feed back.

If we're purchasing a 10 unit on owner finance, the seller of the 10 unit purchased on seller finance. What information should we get from our seller? Thanks in advance for the feed back.

Jeff

Thank you for your feedback.