
9 March 2024 | 26 replies
When you sell your house in the future, homes with garage converted ADUs tend to attract more investors, who are not likely overbid on a property compared to those looking for their primary residences.

8 March 2024 | 4 replies
I have an option to purchase at an attractive price but would rather not bring cash to the transaction.

6 March 2024 | 0 replies
With thousands of properties listed online, you need to stand out from the crowd to attract more buyers and sell your property faster.

9 March 2024 | 4 replies
Quick and aggressive, or slow and steady?

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 | 9 replies
Short answer: No.It is very unwise to use credit cards, hard money lenders, or other high-interest loans unless you have the means to pay them off quickly.

8 March 2024 | 22 replies
People tend to forget syndications are an advanced structure for experienced investors and it absolutely comes down to what we're seeing on social media or any other quick entry points to CRE.

8 March 2024 | 44 replies
It also can put a little pressure on prospects if done right to help motivate them to get an application done quickly.

9 March 2024 | 4 replies
Here are some quick numbers for context.Purchase totalAfter RenosYearly RentsCap Rate (pre costs)Cap Rate (- $300 IRS, PM, INS)$62,240.00 $64,890.00 $11,760.00 18.12%12.58%$71,280.00 $71,530.00 $9,516.00 13.30%8.27%$37,116.00 $39,116.00 $10,500.00 26.84%17.64%$58,857.00 $59,857.00 $12,000.00 20.05%14.03%$49,501.00 $56,046.00 $10,740.00 19.16%12.74%All in, we're interested in any creative financing - traditional refi, portfolio loans, DSCR, HELOC.

9 March 2024 | 17 replies
North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.