Mary Derman
Who is Mary Derman and where did she come from?
13 January 2017 | 2 replies
By doing these two things my hope is that I will further expand my business as well as meet like minded individuals who equally have a drive to create and/or find smart advantageous opportunities.
Alexander Zurn
Raising rent on elderly couple
17 January 2017 | 26 replies
I plan to give fair and equal treatment to both units in terms of rent raises.
Greg Rose
Pennsylvania Investment property: Trying to cover our bases
21 January 2017 | 28 replies
In other words, have your entity ownership worked out BEFORE you put a property into it or it may become more costly later on....Pittsburgh has transfer taxes higher than 2%, and splitting it equally is customary but not mandatory (HUD and Fannie require the buyer to pay the transfer tax in full since they are exempt from transfer tax payments).
Jason V.
Medium Multi-Family Market Analysis Methodology
20 January 2017 | 17 replies
Everything else being equal, I'd like to be in an area where I'm in the top half, or even the top quarter on that scale.
Shaun Patterson
Being the youngest guy in the room and the stigma with that.
27 February 2019 | 17 replies
Napoleon Hill (Think and Grow Rich) said every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit.
Jeff Denney
Question: How do I lease option a home needing repairs?
14 January 2017 | 3 replies
If I read your response correctly, in your scenario #1 and #2, You would be paying for the full cost of the repairs anyway by receiving less rent equaling the repairs or paying the tenant for their hired contractor (instead of yours). #3 seems like the repairs would not get done at all, which means there will most likely be a low appraisal in the future spoiling their financing at the end.
Gabe Ledo
Having a hard time with cheaper properties
16 January 2017 | 36 replies
Consider the 2 1/2% rule...Take your purchase price as the base number.Use a service (like rent-o-meter) to see what typical rents are in the surrounding area and look for a comparable property.If monthly rent doesn't at least equal 2 1/2% of the purchase price... walk away.
Lesley Resnick
How will President elect Trump effect real estate investing?
14 January 2017 | 4 replies
Assuming all else equal with the labor participation rate, large infrastructure spending will tighten the labor market even more.
Chad Hudson
Question(s)/advice about owner financing 20 units?
14 January 2017 | 2 replies
So, if you have a property with a $100,000 seller financed mortgage and the contract of sale is for $200,000 – normally the mortgage would have to be paid off – unless you substitute it for another property with equal or greater value and equity – so you don’t pay off the mortgage and walk with $200,000 instead of $100,000.
Scott Burke
Want to rent a condo but not sure how much
15 January 2017 | 3 replies
I think $800 is reasonable for a 2 bedroom in the area - all other things being equal.