John P.
Seller Financing rates/terms for residential sale?
1 October 2024 | 6 replies
I recommend just to sell it outright personally vs seller finance as you claim to increase buyer pool.
Devin Bost
Emergency issues while remotely self-managing?
30 September 2024 | 12 replies
Have the furnace, A/C, water heater etc all on a schedule to have inspected and serviced.
Nabin Budhathoki
Leverage available capital
28 September 2024 | 4 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Mary Umoh
Advice Needed on Converting Single-Family Home Zoned RM-1 to Multifamily in Philly
30 September 2024 | 8 replies
If so, new service to the building would more than likely be required independent of the existing domestic water line.
Arnab Sinha
Should I invest in Mobile, AL
27 September 2024 | 6 replies
Scheduled to open in the summer of 2019, the $51 million, five- story, 267-unit development will be a large and distinctive presence on the east side of Water Street.- In the past five years, Mobile has experienced a 33% increase in manufacturing jobs compared with about 8% nationally.- McGowin Park developed a huge retail space in 2015 which consists of: 199,500- square-foot retail shopping center containing a future expansion area, five restaurant "pads" and 4.5 acres of outparcel development, and the west development consists of a 148,000-square-foot anchor store with an associated gas station, an 89,600-square-foot shopping center and 7.41 acres of outparcel area.
Cody Culberson
My Flip Won't Sell! Help!
30 September 2024 | 24 replies
Really only things I could see that might turn off buyers is the water lines in the laundry room next to the water heater.
Nate Pucel
Help with contractor mistake
29 September 2024 | 3 replies
About a month ago I had a contractor replace a roof that got damaged from a storm but when they had the shingles off another storm blew through overnight and blew the tarp off and a lot of water got in the house.
David Pulley
Can I receive a referral fee as a realtor from a mortgage broker
2 October 2024 | 22 replies
You're treading in RESPA-infested waters there and these are federal, not state regulations.Referral fees for ANY closing services on residential loans are strictly prohibited under RESPA regulations.
Gregory Schwartz
Boring Buy and Hold Investors
2 October 2024 | 71 replies
I'm aware of private money etc. but I've jumped into the pool of real estate but most around me are not as ready to jump in as well.
Max Kim
Buying Georgia Tax Deeds
30 September 2024 | 16 replies
I did not actually see those properties so I don't now good of a deal those were but I did check out a nice house that would easily fetch close to $600,000 in the open market, that sold for $440,000.This is a tendency I have seen already so I am now working in pooling money to have access to the bigger, better deals.