
7 March 2024 | 9 replies
Are co-ops even technically an investment (considering you don’t own the actual space)?

9 March 2024 | 8 replies
Background of the house: the house 4 bedrooms and 2 bathrooms.

9 March 2024 | 6 replies
I had wrapped my head around residential not around commercial, But to me the deal seems amazing - you guys tell me 8000 sq. ft building7 storefronts on an active downtown street (all rented and currently have tenants)34 unit mini storage in back lot (29 units rented - the rest of the unrented are being used by the current owner)Asking price is $798,000 and owner is ok with seller financingAfter sitting with them today the owner who is 83 said he is ok seller financing and verbally agreed to $715,000 and a 4% interest rate, 30 year note, $100,000 down payment, no early payoff penalty - my lender and real estate agent both came back valuing the property as it sits at $840,000Income = Rentals ($5075) Storage Units ($1935) = $7010speaking with the owner he hasn't raised the rent on either the storefronts or mini storages for almost 10 years - looking at comparables in the area we believe we can raise the rent and storage units easily to push the income up to $10,000 a month 4 of the 7 Tenants have been there 5 years plusCost = Including estimated payment, taxes, insurance ect. would come to a monthly of = $4450that would cashflow $2560 a month at its current with the potential after purchase and rent adjustments cashflow $5460 a monthPending an inspection the property looks in good shape with little to none improvements needed at this timeA quick background I have had rentals before on the farm we own, three houses we rented out so I have some experience) My QuestionsIs this a good deal???

9 March 2024 | 7 replies
Starting a real estate portfolio sounds like a fantastic goal, especially with your background in civil engineering.

9 March 2024 | 3 replies
There is a reason in most states you have to pass a criminal background check to become an agent.

9 March 2024 | 11 replies
The collection sits on their credit report, which may protect the next Landlord who runs a background check.

9 March 2024 | 14 replies
They asked me to wait for a week to fix the technical issue.

9 March 2024 | 7 replies
Technically, money is moving from the 1031 account directly to escrow for a property that will have her on title so it makes sense in my mind, but I'm wondering if there's something I'm not seeing.

9 March 2024 | 4 replies
Second, with that kind of background, you are "good to go" in any neigborhood in the USA.

12 March 2024 | 168 replies
I use technicals to identify buy and sell signals, but at the end of the day, you want to put the odds in your favor.