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12 October 2018 | 7 replies
Here is an article worth reading that will help you gain a better understanding of their business model and salaries: https://www.redfin.com/blog/2018/01/how-much-do-redfin-agents-earn.htmlAveraging $90K with health insurance and a multitude of other benefits doesn’t seem to be underpaid in my opinion vs. the industry average of $44K.
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29 September 2018 | 18 replies
Feel free to ask me for referrals to lenders and a RE broker who will oversee your transaction/buyer's agent if you'd like good ones I've worked with in the past.
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19 September 2019 | 34 replies
I owned a SFR and a condo and sold both.
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23 September 2018 | 1 reply
I already have an amazing group of guys from my job that not only do expert painting work but can do carpentry, sheetrock, and a lot more.
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30 September 2018 | 4 replies
Over the last year and a half I’ve accumulated 45 units and haven’t done any official background check on any of the placed tenants.
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24 September 2018 | 7 replies
The existing quad is listed for sale at $1.1M and a 5.3% CAP.Commercial multifamily in the area sells at a CAP rate of roughly 4.5%.The existing property is zoned to allow for 6 units and has available land to build an addition duplex for ~$150 per sqft.Assume 1000 sqft duplex at $150,000 and we’ll build that into the loan.After expenses, the additional units will each increase the annual NOI by $14,400 = (Gross rent – operating expenses = $600x12x2).Purchase Price $1.1MMConstruction: $150KLoan amount: $1MMTotal for project: $1.25MM20% down: $250KPre-construction NOI: $58,300Post construction NOI: $72,700What is the estimated property value after construction?
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3 October 2018 | 16 replies
Properties by military bases are a blessing and a curse.
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23 September 2018 | 4 replies
It just takes a commitment Of a little time and a little money.
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17 December 2018 | 3 replies
Took them 2 and a half months.
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30 September 2018 | 15 replies
I think I'm up to 15 pigeons, 8 squirrels, 20 starlings, and a whole bunch of sparrows.