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28 January 2025 | 9 replies
Quote from @Matthew Orr: I am currently under contract with a wholesale deal that was to close on Monday.
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4 February 2025 | 12 replies
I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.
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2 February 2025 | 1 reply
If fully updated, market rents could be 5K a month plus utilities etc.The office space is currently being used as a medical office and it's a block from the hospital so there is always a good pool of rental candidates.
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27 January 2025 | 1 reply
The signing parties are "stopped" from saying anything different after they sign the letter.Each Tenant Estoppel Letter states the attached copy of the tenant lease is accurate and was signed by the tenant, there are no other written or verbal agreements, the tenant has paid rent through a certain date, and there is no prepaid rent other than the current month.
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9 February 2025 | 15 replies
If the current wood ones are ok leave them.
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13 February 2025 | 3 replies
We've hunted down everything from 8K SF - I'm currently looking at 85K SF for them so they really run the range depending on market and facility we are working on, but at every single one of those space sizes, its been competitive.
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7 February 2025 | 6 replies
My ultimate goal is to build a portfolio of cash-flowing properties to achieve financial freedom.I’m currently seeking mentors who can guide me through this journey and help me avoid common pitfalls.
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28 January 2025 | 6 replies
Congrats on your success so far.Some random thoughts for you:- It might be difficult to tap the equity in the rental at this time given the current state of interest rates.
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12 February 2025 | 4 replies
I have high equity in my current duplex so planning on using that to fund down payment for the next property.
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26 January 2025 | 6 replies
Current balance of loan is around $380k.