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11 December 2024 | 11 replies
Readers should seek professional advice.
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9 December 2024 | 20 replies
Unfortunately very few who seek out these assets take the time to consider their exit and fail to realize they are the most costly assets to exit, let me explain why: Here's how that disposition process to an owner occupant looks: -You will incur turn over expenses associated with vacating the tenant in preparation of the sale -The natural buyer in this price point is the FHA buyer who will normally seek a 5-6% seller assist -Passing a Section 8 inspection/preparing a home for a low income tenant is very different than the expectations of a home owner, particularly the FHA buyer who cannot afford to take on any deferred maintenance.
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5 December 2024 | 15 replies
So a bit of background. I've been in real estate for almost 17 years. I've been a licensed lender since 2008 and have flipped hundreds of homes. Starting a hard money lending company makes sense to me since I have hun...
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5 December 2024 | 8 replies
Seeking either lien in amount of arrears, or refi of each if poss.Approx.
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5 December 2024 | 9 replies
I’ve found a “deal” but I’m having trouble understanding if this is a good fit for me. I’d love to hear some perspectives from more experienced and local investors on what you think about the numbers below:
$130k for...
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6 December 2024 | 27 replies
Your first deal will set the tone for your investing journey, so:•Make sure you’re getting good guidance.
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1 December 2024 | 6 replies
While BP has a rent estimator as does rentometer.com (both allow a few free uses, I believe), I agree with @Zachary Deal that your best bet is to seek out guidance from either the listing agent or a property manager well-versed with the area.
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10 December 2024 | 25 replies
Readers should seek professional advice.
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4 December 2024 | 33 replies
Looking for guidance, networking and a path forward.
6 December 2024 | 2 replies
I'm seeking opinions and examples of per-square-foot costs for constructing new multi-family developments in NYC.