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11 June 2024 | 1 reply
Leveraging my expertise in property acquisition and renovation, I guided the client through each step—from identifying the ideal property and negotiating the purchase to overseeing the conversion process.The conversion involved reconfiguring the existing layout to add an additional rental unit, ensuring compliance with local building codes, and maximizing space efficiency.
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12 June 2024 | 7 replies
If anyone has a referral, we'd be so grateful, though I realize it's a big ask to offer someone wonderful out to strangers!
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12 June 2024 | 6 replies
We have tenants that have been with us for years and pay an additional 10% because of late fees.
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10 June 2024 | 4 replies
Though you are looking at a spec home so already built and I'd be surprised if the builder is offering you a 30 year amortized loan at 5.99%.
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12 June 2024 | 8 replies
I want to use the property as a vacation home and rent my property out when I’m not using it. but I need it to be month to month and every single property I’ve put a offer on which is 5 I have to cancel because when I read the rules and regulations in the CC&R’s the home must be rented out for at least 6 months!
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11 June 2024 | 1 reply
Have not had a 'issue' selling in the past five years..I would say the additional development cost of an extra bedroom/bathroom are probably well worth it in the long run..Good luck.
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12 June 2024 | 12 replies
Asking us what we would offer.
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12 June 2024 | 9 replies
I received an offer can someone please help me.
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12 June 2024 | 8 replies
I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town. 8 standard 2/1 apartments - Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k Cap: 10 (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth, 34k/yrCurrent Cash flow: 531/mth, 6,378/yrAfter reno Cash Flow: 2131/mth, 25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).
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12 June 2024 | 2 replies
My conclusion is that Oregon offers some of the most investor friendly coastal property operating expenses and value in the country.