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11 December 2024 | 1 reply
The negotiations were tough because after we opened escrow we realized it had five different owners with five different titles.
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13 December 2024 | 4 replies
It will undoubtedly cost far less than giving up project upside.
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16 December 2024 | 43 replies
It's just tough to know the area, the type of renters, the type of housing, if the repair were quality or lipstick on a pig.I'd think there must be a dozen good PM in Akron.
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11 December 2024 | 5 replies
I have funds tied up in other projects at the moment but my inbox is FULL of solid deals.We are familiar with some companies that do this.Som will only do first position loans so in many instances you need to refinance out through them and it can get expensive if you ahve a low interest rate.
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16 December 2024 | 1 reply
Economic Timing.According to data compiled by Marcus & Millichap[2], the Portland area has experienced three very important trends since 2010:The average price per unit for apartments has nearly doubledThe rate of employment growth rose from 2010 to 2015 but has since declined steadily, projected to be up 1% for 2020 (estimated before COVID-19)Roughly 30,000 apartments have been built since 2010, with another 5,600 units slated for construction in 2020Most RHA members have enjoyed a solid decade of price growth, rent growth and steady occupancy.
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22 December 2024 | 24 replies
This is all indications of a super sensitive earnings, extremely sticky projected inflation, and the bond market being way in front of the Fed.
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17 December 2024 | 86 replies
Become a very small private investor in one of their projects.
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11 December 2024 | 101 replies
That hasn't stopped the project though.
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10 December 2024 | 0 replies
Purchase price: $272,000 Cash invested: $115,000 Sale price: $475,000 This was our first rehab project What made you interested in investing in this type of deal?
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18 December 2024 | 15 replies
Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.