31 January 2025 | 2 replies
They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.
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6 February 2025 | 5 replies
What would you do in my shoes I don’t invest there so take this with a slight grain of salt but I’ve heard multiple stories of basically this exact scenario someone getting offered a big payday for something in Cumberland, rejecting it & always for some reason (house burned down, block got worse, sheetz decided they actually didn’t want someone’s land for a car wash after all) always selling for like 10-20k and regretting not selling.
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11 February 2025 | 0 replies
I am originally from Augusta, but moved to Virginia Beach in 2011 and got into real estate, so I don't have my trades list down there.
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28 January 2025 | 16 replies
I guarantee your life would be so much better if you removed her and replaced her with a good renter.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.
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29 January 2025 | 10 replies
I'm in Phoenix and obviously you can see that there are so many people moving from the west coast states out here to a cheaper and better weather market.
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26 January 2025 | 5 replies
When I tried to get it when my side of the family found out and tried ti take over reverser mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.
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29 January 2025 | 14 replies
There will not be one PM covering all the places you mention in your post, so maybe refine your search a little, and then you can start interviewing.
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11 February 2025 | 8 replies
So to clarify, you CANNOT live in a DSCR property as DSCR is business purpose only and that is not allowed. 5-10 units can also qualify for 30 year fixed DSCR loans as well.
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27 January 2025 | 6 replies
I have 1000 sqft so $250k.if I have no GC and manage all the subcontractors I will not have a Rolodex so have to find subcontractors and I’m sure there are a million other complexities.
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11 February 2025 | 8 replies
You didn't provide any numbers so can't answer if it's a good deal.