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30 December 2011 | 1 reply
Apparently 9 of the units are currently occupied and per the seller occupancy goes up during the summer with some temp workers that come into the area.Per City data, average rents in Podunk USA are $572 (15% lower than the area I currently invest in).So if I accept $230k as fair, I would mortgage $172,500 (75% LTV) for a payment of $1,090 (6.5% for 30 years, is that reasonable for commercial?).
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31 December 2011 | 4 replies
Depending on where you are the property can also be a summer home.
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20 January 2012 | 27 replies
I worked at an college apartment complex once and spent half my summer pulling broken shot glasses out of the disposal.
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2 January 2012 | 1 reply
Hello, I have never purchased a property but am looking at buying one this summer and would like some advice/knowledge.
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4 January 2012 | 25 replies
For my next one, Im actually looking at building a duplex in the spring/summer.
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17 January 2012 | 0 replies
Hello,I was wondering if anyone has a vacation house available for last week of March that would like to trade for something similar, in the summer, in the mountains of CO.What I'm looking for: at least 2br house, condo etc, somewhere warm and preferably by the water (I'm thinking FL but open to alternatives) available for Mar 24-31 (sorry I can't make the conference due to this, but I can't change my kids' summer break).
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2 March 2012 | 2 replies
In the summer of 2011, we came across a home listed on the MLS where the homeowners were trying to sell their home during their redemption period.
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6 March 2012 | 29 replies
It's nice having full access to someone (you ont get that with contractors), but the responsibility that comes along with employees is great.As an example, summers are generally pretty slow for us, so we considered taking the summer off and traveling for a few months...but having employees who need the paycheck (my project manager makes 80% of his salary as commission) that's impossible.
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30 March 2012 | 8 replies
Each summer we ask ourselves, "why haven't we moved to Colorado?"
2 October 2013 | 10 replies
Rates are $1,100 per month for the Winter Texans and $185 per night during the summer and spring.