Donna Pattani
Closed today SFR with existing tenants, no rent at closing
11 May 2016 | 4 replies
Just closed today, May 10th on a SFR in Austin that cash flows $800 per month.Went back to the title company to get the keys and checks, got keys and security deposit check.I said the prorated rent check is missing an...
Leland S.
Refinish garage to add space?
11 May 2016 | 5 replies
Depending upon the roof truss's sometimes it's not real expensive to run duct work into the garage (but in this case it sounds like the existing hvac won't make that work).
Kyle McCane
Need help with a strategy for my father's property
12 May 2016 | 3 replies
Certainly you can shop the house to investors, check Zillow, get two or three realtor opinions, and with the feeding frenzy that exists, someone else may see upside in being able to make a profit for putting in the efforts, and might pay you a retail price for the current condition.
Serena Salvato
Real Estate License -online or offline?
13 May 2016 | 14 replies
I feel that I retained more from the class than if I would have taken the class online.
James Grueser
Working line of credit possible for all properties?
11 June 2016 | 9 replies
Gobble up the existing loans we'd have approximately $300,000 to fight with.
Mark Welp
Brokers/Agencies - Remote/Central Ohio
11 May 2016 | 2 replies
It will depend on when her license went inactive and if she has kept up on her continuing education...she may end up having to take the classes again but if she calls the board they will be able to tell her what the requirements are.As far as joining a brokerage for investment purposes and not wanting to do the full "traditional" residential sales, I'm sure they exist.
Mike Dymski
prepayment penalties in commercial loans
12 May 2016 | 4 replies
This may be a simple answer and you just refi with the existing lender and have them waive the penalty or you just pay it and include that cost in your modeling assumptions.
Imran Patel
I need to increase rent by about 50% !!
20 May 2016 | 5 replies
I suggest you do any maintenance or upgrades while the existing tenant is in place.
Benjamin Rossetti
Architect in Tupelo, Mississippi.
11 May 2016 | 2 replies
As an architect I love the idea of building new but if the cost of building new is more than buying and rehabbing an existing building it may not make you any money.
John Thomas
SoCal New member.
11 May 2016 | 5 replies
Use the loan that I just used to buy my first duplex in MN: Portfolio Conventional Loan, 3% Down Payment, No Mortgage Insurance (yes this loan really exists).