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11 October 2024 | 4 replies
Apartment demand in the Phoenix area is high, the demand far exceeds supply at least for the product mix I have under management.
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7 October 2024 | 7 replies
First I want to thank you for reading, I am new to the investment market and the idea is exciting and terrifying at the same time.A few facts:Purchase Price: 325,000Rental Income Estimate: $5250Property details: This is a 3 door property:1. 1/1(main building)2. 3/2(main building)3. 2/1(separate building)Repair estimates to get all 3 properties up and running: $145,000 - $200,000I do not have a ARV since its very unique there is not anything we can compare to but I am looking to get a third party appraisal.Plan is to do a mortgage for the property with cash down payment.
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4 October 2024 | 4 replies
Good day, I recently purchase an investment property in Flint and need recommendations for good property managers
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11 October 2024 | 4 replies
My interest rate is 7.1% so my mortgage is $1000 more than what this property can rent for right now now.
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17 October 2024 | 5 replies
New to all of this and I am looking in to buying a duplex in the Portland area as my first rental property.
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11 October 2024 | 8 replies
Great to hear about the pursuit of a multi-family property!
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10 October 2024 | 7 replies
Plus, it includes one year of complimentary property management to boost cash flow.
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12 October 2024 | 9 replies
Fast forward twenty years and (maybe a $100M in cumulative real estate transactions later) and I'm still advising investors on asset management, typically focused on real estate as an agent OR mortgage broker, but conversely with clientele of my own age group with similar goals.
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19 October 2024 | 2 replies
Did the property that had new cabinets sell for 25K more or no?
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17 October 2024 | 23 replies
If this is an STR, DSCR lenders will require that you have booked the property on an STR site for 12 months or have 12 months of prior experience with a different property.