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25 March 2024 | 35 replies
The city is squared away and you get good price to rent ratios.
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25 March 2024 | 2 replies
The loan sponsors are Mark and Abraham Mermelstein, Yehuda Ruzohorsky, Boruch Fink, Joseph Friedman and Aaron Lazar, a consortium of investors who appear to have done deals together in the past.Two loans list Hannan Lis and Gideon Pfeffer as loan sponsors secured against the Retreat at Farmington Hills inthe outskirts of Detroit and the Verona at the Park development in Washington.
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25 March 2024 | 9 replies
I am originally from Washington state and know the area very well.
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25 March 2024 | 3 replies
Normally, for comparables, you want to look up recently sold properties within a half mile to a mile (the closer the better), in similar condition, square footage, amendities as the end product, and the same or similar bedroom/bathroom count.
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25 March 2024 | 12 replies
We do meet ups in Washington DC (Breakfast) and Alexandria VA (evening) every month!
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23 March 2024 | 1 reply
But here I am, trying to put a really strong offer in on a home and I’m not sure if I should go in with the mindset that it’s a 3b/2ba 1,895 sq ft or a 4b/2ba 2,055 sq ft… Seeing as I’m going to rent this one day, if I myself decide to get it assessed/permitted as square footage (which I don’t know how much of a pain it truly is), I ran some rent estimators online (RentCast.io) and the rental comp differences between those two scenarios is about $2,275/monthly vs. $2,600/monthly, which is huge!
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24 March 2024 | 8 replies
@Tom ServerAdding it over existing subfloor will require you to undercut all your doors, and cause havoc throughout the unitYou should replace it as it’s mentioned.Depending on the square footage of the unit not sure if 5k will be enough and assume unit is completely empty of personal belongings and has no flooring in the unit over the subfloor
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25 March 2024 | 13 replies
Yet, even Chicago has had its share of backlash from the PURE IDIOCY of thos so-called wanna-be 'financial experts' that advised & counseled equally foolish and future-vision incapable HUD staff members in Washington D.C. ofcs.
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25 March 2024 | 14 replies
I beleive there's plenty of opportunties on the MLS, but they are usually categorized incorrectly i.e. a property possessing favorable zoning listed under the single family category, public records incorrectly listed the square footage, or instances where BRIGHT MLS doesn't track zoning changes real time with recently introduced zoning bills.