Doug Davis
Struggling finding a property - Good investments on MLS vs. off market
29 March 2024 | 11 replies
At most I'm seeing about 2% 5 year rate of return when I put the numbers in the calculator.
Allen Chandler
(interest rates)
25 March 2024 | 9 replies
The school district we are in right now is okay, the school district about 10 minutes away is significantly better.
Chelsea Allen
How to determine cap rate?
26 March 2024 | 3 replies
Hi all,How do I determine the cap rate for a two -door multifamily complex?
Ryan Brown
FHA $1.25m Triplex in CA at 1.75% 30yr Fixed! First purchase!
26 March 2024 | 1 reply
We went back to the appraiser for re-evaluation and they even exceeded the appraised rent rates we needed ($8500/month).
Luna Tran
Oklahoma Investors: Navigating the Evolving Real Estate Commission Landscape
29 March 2024 | 0 replies
This blog explores the potential changes and how they might affect your investments.National Landscape: Potential ChangesLawsuits alleged NAR policies stifled competition, inflating realtor fees.The settlement could lead to a more open market with:Discounted commissionsTiered commissions based on property valueFlat feesHourly billingOklahoma City ImpactShort-term: Uncertainty, market fluctuations.Long-term:Increased inventory from lower seller closing costs.Shift towards value-added realtor services like targeted marketing and expert negotiation.Technology-driven platforms may offer lower-cost alternatives.Proactive Strategies for InvestorsStay informed about market trends and commission structures.Build relationships with experienced real estate agents.Negotiate commission rates strategically.Focus on long-term investment goals.Conclusion: Adapting to the Changing LandscapeThe national shift in real estate commissions signals a period of potential change for the Oklahoma City market.
Hans Baum
Subject To -- VA Loan Question
29 March 2024 | 4 replies
The home is priced at $430,000, with an existing mortgage of $350,000 at a 3% interest rate.
Richard Helppie-Schmieder
Does this lending product exist?
28 March 2024 | 13 replies
Looking for 80% leverage on LTV to be out of pocket $68,000 and long-term holding rates in the 6-7%.
Jordan Fujan
DSCR loans BRRR
28 March 2024 | 20 replies
I've now had 4 banks get back and say they only offer up to 25 year amortization and 5 year rate terms.
Allan Pan
Seeking Advice on House Hacking Opportunities Near San Diego
28 March 2024 | 5 replies
House hacking is tough to cashflow in year one (with current house price run-ups and interest rates) for a couple reasons:1.
Wai-Lin William Maw
Permits for moving a mobile home from one lot to another lot which had a home before
28 March 2024 | 3 replies
I contacted the city of Edmonton and was informed that moving a mobile home is treated the same as building a new home, and all the following applies:Development Permit ApplicationCombined Building, Mechanical PermitBuilding & Mech Safety CodesWiring Electrical PermitUnderground Service Cable PermitElectrical Safety CodesConstruction Water Rates 44¢/$1000 Construction Value Sanitary Sewer Trunk ChargeLot Grading FeeTo my knowledge, unlike a new home, all we would be doing is reconnecting the infrastructure, and considering that no modifications are to be made to the existing plumbing, electrical, sewer or the lot itself, so do all those permits apply?