Nich J.
Owner selling Investment Property is Agent
17 January 2017 | 5 replies
Most states take a VERY DIM VIEW of agents trying to put one over on non-agents.
Phuong Tran
New investor seeks info on syndication, fixer uppers, more
14 March 2018 | 14 replies
The sign posts you folks are leaving make this traveller's sojourn less lonely, more lit and more enjoyable.
Devante Boll
What Podcast to introduce significant other to REI?
20 April 2018 | 7 replies
So when she mentioned that she wants to prepare for being involved in real estate investing it definitely lit some fire in me!
Shane H.
Re-purposing a small office building -- Creating a Co-Working space
13 August 2015 | 6 replies
. -- 3780 sq ft 2 story office building (office was previous use)-- Built appx 1900 -- think it's brick, or block with some sort of facade, possibly limestone as that is common in the area -- has a basement as well with partial crawl space -- good soil in the area-- Appears to be structurally sound - no issues - however needs further investigation, the floor joists are likely large old world pine/oak or other hardwoods shipped in so they should be good as long as no previous termite damage/dry rot-- Basement professionally waterproofed 15 years ago - should be no water issues, we've had lots of rain locally (more than we've had in likely 10-15 years) and basement supposedly has not leaked, think it's limestone/concrete -- Building also surrounded by Concrete -- water should not be an issue-- Per agent this week there will be a new roof put on (Flat Roof) at a cost of $17k-- Asking price $60k-- Has been occupied by an accounting firm for I believe 40-50 years - they owned the building and have left as they merged with another local accounting firm and moved to another building-- Dated inside -- lots of paneling, probably dim lighting, HVAC is kind of dated****************************Potential Downsides/Other Pertinent info-- Likely will have low or nearly non existent price appreciation, other than upgrades I'd put in -- I probably wouldnt factor it in any of my figures-- Lots of ranching/agricultural, oil/gas, wind energy activity around - city has the closest major grocery store/Wal Mart to lots of people located in more rural areas within a 1-2hour driving distance -- town is important for that aspect-- Located in a small community - town has appx 12-15k people, however it is a bedroom community located off of a VERY well maintained interstate and it's only 20-30 mins drive from the City I live in that has 500k people -- The city is a good "Clean" town if that makes sense, very nice community gym close by-- Building is on the downtown core - right off of one main arterial and 1 block from the other -- no plans in the future to alter traffic flow etc --- Lots of money has been put in by the city/local govt to maintain the downtown area and make it a very nice walkable area - with lots of little shops, antique places, a couple cafes etc -- A local company in the refining business recently moved the majority of their business there from Wichita and has put a lot of money into this community -- large donations to the college and elsewhere (they make additives and are a nationally known brand -- have been around since the 70's - only way they go down is if we go away from the internal combustion engine - dont see that happening in the time I'd own the building)
Dave Richards
Cincy Newb Looking to take the next step
18 May 2016 | 12 replies
I didn't take any of this personally - just educating those that hold a dim view of what we do.
Daniel Hart
How would you market a house boarding service?
25 February 2009 | 14 replies
I got 1650 a month, PITI was about 700 After 12 months, one of the crazies fell asleep with a lit cig. and burned the place down 12 months worth of positive cash flow...
Cody Barrett
Buying?! Selling?! HOUSE HACKING IN AZ!!
15 September 2017 | 9 replies
And hearing Ben’s thoughts on relocation and the market, and ultimately a very successful House Hack in Arizona just lit a fire.
Steve S.
When showing a rental, what are some key things
5 May 2017 | 5 replies
Usually the property does most of the talking for itself.Showing is a skill, and there is no doubt an inept showing can prevent a sale/rental, but the hard reality is no amount of fluffing and expert salesmanship is going to get a buyer/renter to bite if you're asking too much $ for the condition/size/location/etc.So knowing that the property should speak for itself, your goal needs to be to let it do so.Make sure it is staged well and is well-lit.
Corey Schaecher
Appraisals -What Has Helped You to Get Top Value for BRRRR
5 September 2017 | 3 replies
.- make sure everything is well lit and inviting, consider staging for the appointment.- offer water or a snack (doubt it has much help but it doesn't hurt)- ask about their profession, stroke their ego a little by asking questions non stop and helping.