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2 July 2018 | 25 replies
ya there were many Bay Area investors who bought 4 plex's through LInda Gurcheck in PHX who learned that one the hard way when the building of new subdivisions came to a screeching halt in 08 to 2012 and many of those clients had 100% vacancies on a 4 plex for year or more.these sold at the peak these 4 plexs for 300 to 350k in 2010 I could buy them same exact building vacant of course for under 100k each.it is a very big misnomer to think that rentals cannot go vacant.. and of course this is HUGELY regional.. and current economics plays a big factor.
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28 June 2018 | 4 replies
For example, the duplex I bought in January has brand new HVAC on both sides and 3 year old roof, and upgrades to interior 3-5 years ago.
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18 May 2022 | 28 replies
I lived in center city for 5 years and wish I had bought in 2013!
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1 July 2018 | 14 replies
Our savings rate is high but we haven't bought a permanent residence yet.. 1. because our rent is so cheap 2. because we are weighing the options of purchasing a multi-family apartment or something similar 3. because we are a little bit scared of the process.Should we start by purchasing ourselves a home, live in it, fix it up and put it on the rental market or go ahead and start looking for a multi-family unit to purchase with the possibility of living in one of the units & using an FHA 203k loan?
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8 July 2018 | 4 replies
He said the park was bought for $1million, he put 10% down and the seller made an interest rate of 5%.If I understand correctly he put 100k down and the owner made 45k a year off interest or in other words, Brandon wrote a check for $3,750 a month?
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4 July 2018 | 13 replies
I wish I'd bought 10 properties back in 2012, but I was still terrified of debt.
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28 June 2018 | 2 replies
The seller is already selling it at a loss as he bought it in 2009 for $1,120,000.
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2 July 2018 | 6 replies
Located in booming San Antonio, TX area near Shopping Malls, Theme Park, Restaurants, Medical Center, plenty of stores in great neighborhood.
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28 June 2018 | 0 replies
I'm a brand spanking new Landlord and I'm having a very hard time finding a reputable handyman that services the Eastside.
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6 August 2018 | 16 replies
A friend of mine from Upper East Side bought a condo there and is getting a 9%+ cap rate.