The "in the field walk through is finally here." I toured a 30 unit we had under LOI and decided not to buy it. At least not at the original price. The biggest savings you will make in real estate are the deals you decide not to do. I think the renovation n all the little things would have been insane do you agree that we should have walked on this deal?

I have a 12 unit deal in the Myrtle beach SC area, with some value add and significant upside. I am looking for one or two LPs for this deal, DM me for more information.

A small multifamily opportunity, well managed and great cash flow. DM me for more information

Does anyone have good bank references in the Myrtle beach area they can share?

I love it when happens! Now that we are under contract for our new HQ after winning on our price negotiation, we entered due diligence. Thus far in due diligence, we found that their rents are a little higher than their initial rent roll. Insurance quote came $15,000 below what they were currently paying. And we've already lined up another tenant to take the rest of the office space putting us at 100% occupancy at Close. In addition, I had budgeted for landscaping, it turns out there's an HOA for all three office buildings in this complex, but we own 75% of the HOA automatically win every vote and decide the budget every year. So all of the other tenants cover the cost of the exterior maintenance and landscaping. Coming in at around a day 1 cap rate of 8 with significant upside.