Charles Hawkins
New member in Columbus Ohio
22 September 2017 | 15 replies
I'm stationed in Columbus Ohio and I'm 23.
Michelle Lutz
Whats the best course of action?
21 September 2017 | 11 replies
NNN absolute STNL depending on tenant,location,etc. usually dictates selling cap rate.Generally gas stations, pharmacy, banks pay the most money if it is a corner site.Other option is a 2 to 3 top strip such as Aspen Dental, T-mobile, and a Starbucks in one spot.Overland Park generally has a low end area and then on the other side a high end demographic over 100k income on the other side.
Ryan York
First Apartment Analysis - What Am I Missing?
10 October 2017 | 30 replies
Is there anything going on like mold, lead, asbestos, or the fact that it used to be a gas station in the 20's and still has concealed tanks?
Kyle M.
Dallas VS Fort Worth
4 July 2016 | 1 reply
I'm moving back to DFW from being stationed overseas and want to house hack for awhile as I attend school.
Jason McDougall
Flip was broken into, more lessons learned
3 April 2016 | 10 replies
Also I'll leave a radio on a talk radio station just loud enough so it can be heard from outside.
Dan Kaiser
Looking for 4-Plex
26 November 2016 | 13 replies
they changed drastically after the Station nightclub Fire.Sorry you had to leave the meeting so soon last night, there are many opportunities to meet people like me and @Anthony Thompson, as well as many others that will prove to be a priceless resource to you in this business.I would also start to research the various ways to buy a home/Multi with little to no money of your own.
Cemone Cowart
Looking for advice
30 November 2016 | 19 replies
Pittsburg/Bay Point area is closer, there is Bart station there too.
Ray Hurteau
Condo Conversion in Dorchester (Boston), MA
20 May 2017 | 17 replies
He was on a conversion of an old fire station to a single family home.
Michael Enriquez
Buy and Hold In North Philadelphia
11 March 2020 | 21 replies
Look for places close to transportation like train and subway stations and close to a commercial corridor.
Basit Siddiqi
Appraisal came below Purchase Price - What Should I do?
9 July 2017 | 24 replies
So I need to either ask the seller to decrease the selling price or bite the bullet and pay 20% of 36,000 and the difference of $47,000 and 36,000 plus closing costs.Below is the Rental Cash Flow AnalysisRent = $900Property Management = -$90RE Taxes/Trash = -$100Water = -$50(I am inheriting tenant and lease says landlord pays)Repair Reserve = -$45Cap Ex Reserve = -$90Vacancy Reserve = -$45Interest = -$125Insurance = -$40Principal = -$150Monthly Cash Income $165More details on the property is that it is built in the early 1900's and is 900 SQ.Question for you guys is what do you guys do when the appraisal goes below the contract price?