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11 February 2025 | 3 replies
They're very different thankfully so it feels like there's always at least one who's acting like a normal human being...A defeasance is something that happens on commercial properties when a securitized loan (like a CMBS [commercial mortgage-backed security] or agency loan) needs to be paid off early, either when you're refinancing or selling your property that has a loan on it.
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2 January 2025 | 53 replies
as others have stated, if a RE agent does not believe they can sell the property, find a different agent that believes they can sell the property.
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3 February 2025 | 5 replies
Small multi-family properties starting at over $1M, which is pretty expensive and, resale single family (before year 2000) offer minimal cash flow (~$200-300/month).2.
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5 February 2025 | 5 replies
I looked at some properties in the Catskills last week that ultimately didn't fit the criteria.
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5 February 2025 | 5 replies
I am writing to explore rental opportunities for a recently renovated property that has been 90% restored following fire damage.
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7 February 2025 | 0 replies
Michael had built his portfolio from the ground up, starting with a single rental property.
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8 February 2025 | 1 reply
HELOCs typically do not go above 75-80% of value and since the property was purchased recently they would not see that equity unless you did some major rehab to the property.
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13 February 2025 | 1 reply
Purchase price: $160,000 Cash invested: $45,000 Ended up buying the property after getting to know the owners who were cleaning up when I went over to ask them permission to cut down the leaning branches toward their roof.
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6 February 2025 | 2 replies
We manage several hundred rental properties throughout the San Diego market and I found your post very interesting.
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3 February 2025 | 31 replies
Real-life reps, to me, means seeing properties in person, whatever your asset class.