I have not had the units rented due to the ongoing renovations but I believe they could rent for around $2100 in total rent from the apartments and the storefront per month.I am interested in selling this property as I don't have the time or the capital right now to finish the renovations.

As for HOAs, they aren't cheap but they reduce your insurance costs, and assuming you have a good association they take care of capital and maintenance costs, so it's not like the money is thrown away--you're basically just outsourcing certain expenses via that means.

I’m not willing to put an offer in on the sole basis of a public MLS listing, so I was thinking of asking for a P&L statement and some further information on the current leases and recent capital expenses before committing anything.

The last rate I got was 5% on a duplex so that would put a NNN around 4.5%-4.625%I'd also recommend Bellwether Capital out of Charlotte.

But if done wrong you could very easily lose all of your capital.

Hi, I’m looking for a property management company and realtor in Baltimore to either manage or sell my properties after a terrible experience with ABC Capital.

his lawyer is protecting him as he should.. these strategies will work for someone who is well capitalized but for beginners its a great way to foul up a seller and them selves.

Does anyone have information on the state and federal capital gains tax (Iowa to be state specific) I have clients wanting to flip and would like to give them an accurate estimate of proceeds.

OK I see in another thread your asking about lease options.. and probably sandwich lease options and your lawyer is sizing up your financial ability to execute on your contract when the person you lease to stops paying you which is highly probable.. so that's probably good advice unless you have deep pockets and can cover a mortgage or lease payment for the time it takes to evict have the money to rehab the house once the tenant trash's it and then lease it again.most who try these schemes do it because they lack capital and undercapitalized investors fail most every time.this is what the lawyer is thinking.. how to you get through a default.

It’s only been a year, so let’s assume the market is still trading this asset class at the same capitalization rate.