Eric Davis
Maximum Purchase Price Question
18 April 2008 | 2 replies
So, once again, assuming that the average price for commercial property in your area is $100 per square foot, then using the above goal, you don’t want to pay any more than $60 per square foot, and you would reduce that amount by any repair costs or deferred maintenance costs.Cash flow investors calculate what they are willing to pay expressed as the percentage of the rents in terms of the purchase price.
John Davis
borrowing in this market
13 April 2008 | 4 replies
If every year you end up with a net gain of only 3 or 4 paid for, $400/month rentals, you'll be f**ting through silk in just a few years.When you go to borrow $20K and realize that you're going to pay $4K IN C**P FEES, for which you get NOTHING, you'll come over to the "dark" side.There's an expression developed regarding the stock market but it's equally applicable to the RE market as well: "Bulls make money, bears make money, hogs go to slaughter."
Andrew Cobb
Best marketing ideas
22 July 2009 | 37 replies
Mainly because the have already expressed interest in selling
Tom Bjork
The Obama Effect
12 November 2008 | 28 replies
It is quite clear you are very dissatisfied with our country's President Elect, but speaking more optomistically, I believe our country will prevail from this recession and prosper once again.I have many complaits as well, but I have realized it is futile to waste time and breath expressing them at this point.
Account Closed
What are you Thankful for?
19 November 2008 | 5 replies
I can't express how grateful I am to be married to the man I love who loves me with all his heart and have three beautiful healthy children.
Suzi Clue
World in Crisis??
21 November 2008 | 18 replies
Certainly, the credit card companies are in trouble (look at American Express), but so is nearly every other industry.
Kyle Payne
Types of Deeds
18 November 2008 | 1 reply
For charitable donations deeds of covenant have been superseded by Gift Aid.Warranty, in U.S. law of contracts, an undertaking expressed or implied, given by one contracting party to another, that a fact alleged with respect...DeedDeed, in law, written instrument that transfers an interest in real estate.
Dustin Lyle
What Do you consider a good Cap rate?
10 December 2017 | 45 replies
The prevailing cap rates may differ from one part of a city to another, and from one type of property to another.The purpose of a cap rate is to express the relationship between an income-property's NOI and its value.
Michael Shadow
Pet fee for seeing eye dog
10 August 2022 | 15 replies
I really appreciate the concern and caring several of you have expressed re disabled people.
Da Deep
Buying FSBO Short Sale Without Agents
21 September 2019 | 89 replies
Appraisals and BPOs are never expressed in terms of what sold five months ago.