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19 September 2018 | 7 replies
Also heard good things about NC raleigh/ SC columbus areas.Would be looking at his 3rd property - mainly condos, multifamilies in the 100-300k range - or just paying off all current debt.
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21 September 2018 | 7 replies
One of the main reasons why I want to do real estate is because after losing my job last because to a merger, I wanted to have another way to provide for my family and to reach financial independence one day.My goal is to become a buy and hold investor, buying duplexes and multi-families in my area and possibly out of state.
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20 September 2018 | 25 replies
This leaves very little window for an effective "Subject To" deal.The other factor to consider is that mortgage arrears (historically <1%) and defaults (historically <0.5% ... less than 0.3% in parts of the country) are substantially less than in the U.S.A.
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21 September 2018 | 16 replies
Definitely consult a lawyer about the situation and make sure what you’re buying has this factor priced in.
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25 September 2018 | 10 replies
If its an occupied property you need to factor in eviction costs/time and you will likely have no interior access so rehab costs are a complete unknown.
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17 September 2018 | 5 replies
The signage is on top of the building facade facing the main traffic area and is the only one on the building.
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17 September 2018 | 6 replies
Hello! I'm going nuts here trying to figure out how to properly set up a statement that shows my cash flow. In particular, we have a reserve (escrow) account that we put money into each month the year before to cover ...
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16 September 2018 | 4 replies
Financing for follow-on properties was a big deciding factor in purchasing the property with all cash.
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14 September 2018 | 0 replies
Most claimed turn keys are rentable but mainly on borrowed time with mechanicals, kitchens etc all aged and due for replacement.
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28 September 2018 | 10 replies
I am mainly interested in small multi-family properties (2-15 units) with value add potential.