
11 September 2024 | 1 reply
The only use case I know of for SBA-backed loans to finance real estate is when a non-RE business owner-occupies at least 51% of the property, such as an attorney firm buying the office building where their office is and leasing out the units they don't use.

13 September 2024 | 7 replies
The devastation wore off because I knew I wasn't leaving that office without changing her mind.

12 September 2024 | 54 replies
I was at the deed office today..

11 September 2024 | 2 replies
@Travis OglesbyCheck with your local county assessor office to get a platt map.

12 September 2024 | 9 replies
You're Realtor should help guide you and your loan officer should be able to answer your questions.

11 September 2024 | 3 replies
Future tenants would likely appreciate the extra storage, and it could make your duplex more attractive in the long run without the hefty upfront investment that a full conversion would require.Another idea is to repurpose the shed into a functional office space or a private workout area.

12 September 2024 | 4 replies
Contact the local Assessor's Office to find out how much.You state this is a "college town property", but the rents don't reflect that.The low rents typically are reflective of long-term tenants that the current owner hasn't raised rents in awhile.

15 September 2024 | 18 replies
Of course, you might want to consider the possibility that there is a real legal reason why they don't want anything to do with the problem, like they didn't actually have the right to give you a deed. with all the fraud these days and wholesaler deals.. unless you have the TITLE company themselves do the QC many simply wont take on this liablity.. and I highly doubt the escrow officer was Furious LOL..
11 September 2024 | 9 replies
A couple ideas below:- Have tenants pay utilities if they don't already- Refinance into lower rate- Increase rents (or convert to mid term/short term rental or rent by the room)- Call the county tax assessor's office to ensure there was no mistake in the tax increase- Call your insurance broker to get you other quotes- Sell the property and 1031 into a better market that does not have those issues- Self manage if you currently have a property managerHope these help!

11 September 2024 | 20 replies
If I want $400k a month I am in commercial real estate and luxury office in downtown area like K st dc etc.