Kyle Ferguson
Who buys and develops agricultural land? Farm niche
28 July 2020 | 14 replies
In the Texas hill country, I do have 100 acres that's prime for doing that but its really too far from where I live to fool with all that.
Genevieve Mcgroarty
Considering deal in NC - attorney needed
15 January 2021 | 3 replies
Hogue Hill LLP are very investor friendly and have great rates.
Kar Sun
Tenant Breaking Lease and moving to another state for new job
15 January 2021 | 7 replies
Get the unit turned over ASAP and get it rented again Thanks Michael.Tenant will be paying until we re-rent or lease ends.The question was about walkthrough and whether by doing a final walkthrough end of January we may forfeit the lease that expires in May.Nothing in our contract state so, it was more precautionary.The contact is silent on lease break on purpose.But when not following a contract the contract states it is a breach.
Nicholas Balcom
Saint Louis Numbers 2% 50% 70% VERY CONFUSED!
17 January 2021 | 7 replies
@Karen Tsoka Gravois‘s to Hampton Hampton to 44 down south west to kingshighway around tower grove down Morganford to holly hills back to Gravois  Would be the big square i would love to buy my first multi family / first time home buyer.
Quentin Cooke
Seeking General Contractor - Evansville, IN
14 January 2021 | 0 replies
I personally am a boots on the ground investor and would be on site at least 2-3 (if not more days a week) while my partner is a silent investir.
Serge S.
Fannie, Freddie Tighten Rules for Condos in Vacation Locales Move
15 January 2021 | 0 replies
., ineligible for financing.PHOTO: CHURCH HILL STUDIOSBankers say the tighter requirements are beginning to limit the number of lenders for second-home condos, driving up interest rates on new loans and limiting the availability of 30-year mortgages on such units.
Bobby Akines
Baltimore BOTE Gut Check
19 January 2021 | 6 replies
UMB BioParkUMB Community Engagement CenterCharles Village/Charles SouthNeighborhood OverviewGreysteel ReportBolton Hill/Reservoir HillInnovation DistrictHampdenHarlem Park/Sandtown-WinchesterAverage renovated value, After Renovation Value, or "ARV" = ~$200kAverage renovation costs of around $50kHard money lender will lend at ~70% of ARV, or $140kPurchase price of up to $125k, total costs $175k ($125 PP + $50 reno)Equity required per investment: $175-$140k= $35kRefi proceeds = $200k refi at 80% = $160kNet refi proceeds = $160k-$140k hard money loan repay = $20kEquity after refi = $15kPotential income from property:Gross Rent: $3,000/mo, $36k/yearExpenses, $1,000/mo, $12k/yearNet Operating Income (NOI) $28k/yearLoan Exp** $850/mo, $11,000Net Cash Flow: $17,000Return on Equity 113%, 1.13x multiple**Assumes the loan at 80% LTV per above, $160k, on a 30 year amortization with a 10 year term.
Kevin Noonan
Best place to start in Denver Metro area
26 January 2021 | 14 replies
Now i"m not sure how much capital you have to invest, but certain parts of denver still have a lower barrier to entry (barnum, athmar park, ruby hill).
Claire Durand
House Hack in Worcester MA
20 January 2021 | 7 replies
My brother and I are in the Green Hill Park neighborhood.
Scot Levonaitis
Networking Virtually or In Person
17 January 2021 | 5 replies
@Scot Levonaitis - if you’re in South or Central Jersey (around Princeton area, Cherry Hill), SJREIA is worth every penny.