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10 June 2021 | 6 replies
Please do not comment on the legal aspects of it since both parties are already working with their attorneys.Property: Fourplex flat (two 3-bedroom 1-bath, and two 2-bedroom 1-bath with fireplace)Condition: Average, no major repairs expected.Location: Nice area; B-class neighborhoodLocation: Multnomah County, Oregon (not within the City of Portland limit, so less stringent on rules and regs.)Price: $600,000Down payment: Negotiable but I’ll probably put $5,000.00, maybe less.Terms: Seller financing using “Subject To” plus another note for the remaining balance.Seller paid 25% down on a $556,000 purchase price a few years ago.
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11 May 2020 | 28 replies
Pick a solid B-Class suburban area.
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14 May 2020 | 28 replies
I think there will be better opportunities in other asset classes in the short-term.
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8 May 2020 | 1 reply
Profession is not a protected class but to some extent it would be a shaky thing to be the only thing you base your decision on.
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11 May 2020 | 14 replies
It's a night and day difference the tenants in an area like Logan Square vs small town C class areas.
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9 May 2020 | 8 replies
It does NOT replace due diligence, but the investor knows EXACTLY what they're getting...property condition, contractual obligations, property class, current performance, etc.2.
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9 May 2020 | 3 replies
In other words, what property class are you avoiding and why?
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9 May 2020 | 2 replies
I called the person who installed those risers who does class H inspections, and he stated that when he searched that property to install the risers, that there was no permit on file for the septic system.
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11 May 2020 | 14 replies
I have been able to take local guests, or people who are in one of Florida governor DeSantis’ included class of guests: military, first responders, corporate rentals.
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10 May 2020 | 14 replies
I have a 650 minimum on all applicant's over the age of 18 who will be living in the home and I deal in mostly A-B class rentals.