
28 June 2018 | 10 replies
I've not yet done the math to determine which strategy would save me more money, but the big cons of this areNo primary residence, therefore slightly higher interest rates, 20 - 25% down (but depending on the market, this may very well be equivalent to 3.5 - 5% down in LA).Depends on the quality of tenant screening, but it's probably safer to assume that they won't take as great care of the property as I would.Probably need a property manager, professional or tenant.Either strategy seems to net me the same cost around $1,500 monthly, but I'm biased towards Los Angeles as I can rent to friends which solves a lot of the tenant/landlord issues.I'm not looking for anyone to give me all the answers but would appreciate any insight, food for thought, and constructive criticism.

4 July 2018 | 7 replies
Our home was appraised, without a physical appraisal, at $325,000, minus our $45,000 balance on our mortgage times 70% LTV and we got a $196,000 HELOC.

3 July 2018 | 0 replies
My fear is we will have to go through another multiple month process of having the sheriff actually come to the property to physically remove them.Figured this would be a good discussion to start, if anyone has experience with CDs, please reply!
8 July 2018 | 17 replies
So things that are red flag for me may be fine for someone more aggressive.1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

3 July 2018 | 0 replies
Our business is now 100% virtual, which we're thrilled about, but to stay incorporated in our state of Oregon, we must have a physical presence.

16 July 2018 | 9 replies
@Dan Razowsky We might as well be the same person.

10 July 2018 | 1 reply
This property caught my eye for several reasonsmostly because I drive by it frequentlyit offers a commercial space, apartments, and mobile home lotsit's close to my other investments and where I liveI feel like this is an area ready to grow (it's the non-interstate link from big town to small town)it's not so expensive I can't find a way to do the dealI've been investigating mobile home investing lately, and this is one way to learn thatI don't have a physical office space for my business, and this would lend credibility to my business (and allow me to have high-speed internet, which I can't get currently)I can use an apartment and rent my SFR for morethe mixed use feels like diversificationI wouldn't be surprised to see an investor try to buy this and several other spaces up for a large developmentI see potential in possibly converting the mobiles to tiny houses and increase rents accordinglyI'm not in love with the deal, but a couple of those reasons would sway me to consider a less-than-great deal, for non-financial reasons.The numbers really look not very good, and it looks like a bad deal as it sits, considering I'm adding 1000 in rent increase and no rehab in this scenario.

7 July 2018 | 3 replies
Sellers often don't physically attend the closing, but they will have to sign transfer documents with the title company or attorney to effectuate the transfer of title.

9 July 2018 | 5 replies
You see properties all the time that are lapsing on the market because of physical issues... ugly, bad layout, etc.

8 July 2018 | 2 replies
I feel like I need to make the leap now and purchase, but something keeps holding me back.A little about me: My fiancee and I are both traveling Physical Therapists.