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28 December 2024 | 23 replies
And when those all got called and we had to mark to market it was beyond our capacity to just pay everything off we had to fire sale and lose millions.
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20 December 2024 | 3 replies
Hey Chris, a few thoughts here.Considering that office is not attached to the house, I wouldn’t add any footage to the total home square footage; however, you could advertise that office space and amount of footage and amenities in your remarks.If you’re a Realtor or are using one for the sale, your local MLS may have fields dedicated to additional footage for other buildings on the property, such as ADU’s.The other point is that typically, perhaps depending upon location, a space needs to have heating to count in the square footage, which this office doesn’t have if I understand correctly.Consider contacting an appraiser to inquire about how they would handle this space on an appraisal, or a Realtor.
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18 December 2024 | 3 replies
If any of the specific areas catch your interest and you’d like more details, these are only portions of the full reports I wrote on each submarket and I am happy to send the full report to you, feel free to send me a private messageAfter conducting thorough research on the economic and infrastructure developments in Alexandria, Virginia, I believe it holds strong potential as a long-term buy-and-hold real estate investment over the next 20 years.
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17 December 2024 | 16 replies
Especially if seller just received a windfall from the sale it is definitely worth suing for damages.
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18 December 2024 | 2 replies
Purchase price: $575,000 Cash invested: $75,000 Sale price: $775,000 This was a tough one.
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18 December 2024 | 13 replies
Even open houses on occupied rentals are a bad idea.If you want the highest sales price possible, you will have to list it on the MLS.
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16 December 2024 | 6 replies
As you mentioned, it might be difficult timing the sales of each of properties where you can achieve a combined exchange (multiple properties into 1 property / or a few properties).Just a quick note that may be helpful - I work with a group of investors that can help with a combined exchange into a single property and will buy it back once you've found a replacement propertie(s) as the final destination for your capital.
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11 December 2024 | 12 replies
I would look for a bunch of Sub To Deals with 2-3% interest rates ...... then rent out for cash flow and huge equity build up when rates are really low (check out amortization schedules and compare 2-3% vs 6-7% with the same balance and length of time - check out the principal portion each month - the lower the rate the higher amount goes to principal PLUS better cash flow).
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19 December 2024 | 8 replies
Don't forget your taxes on a sale!
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30 December 2024 | 103 replies
The site we want is for sale, zoned correctly, priced right.One problem.