It's very tempting when you look at what you'll get pais out over the 30 years as comparedto the selling price.

New to the community here My partner and I have are experienced residential investans and in 2024 we switched over to commercial.

I also have a list of all the other local meetups that I'd be happy to share...The super power I've found over the last 5 years or so investing is FOCUS!  

I’m unable to invest in areas familiar to me as I’m priced out of suburban NJ where I was born and raised.I’m looking to spend $150-$180K on a condo and will need to research viable areas.

We lived all over Farmington Hills, Livonia , Westland and have properties in those areas.

Of course you don't want to over pay for land, but site conditions and construction type will dictate costs....is there underpinning?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

I believe I will just be taking over his insurance as well, or that is the intent.

We were trying to buy a loan that was in default and the current lender was emotionally attached and has it listed for over $2M when comps are $1.5M. 

My name is Cesar and I am originally from Puerto Rico but have been living in Virginia for over 20 years.