Michaela G.
Old Atlanta water lien
11 March 2024 | 32 replies
I know the water and sewer rates in Fulton county are horrible.
Pete Blankenship
Mobile AL Commercial Real Estate: Economic overview
7 March 2024 | 0 replies
The rise of e-commerce has spurred demand for last-mile distribution centers and industrial properties.
Alexander Lang
Bed Bug Addendum
9 March 2024 | 11 replies
I made sure that there was a clause for move-out cleaning being paid at an hourly rate on top of costs for cleaning products.
Laurent N.
Major Rehab/Construction Loan on Inherited Property
9 March 2024 | 3 replies
However, it's important to carefully consider the terms and interest rates of the loan to ensure it aligns with your financial goals.
Matt Taylor
First Deal - Cold Feet
9 March 2024 | 6 replies
I had wrapped my head around residential not around commercial, But to me the deal seems amazing - you guys tell me 8000 sq. ft building7 storefronts on an active downtown street (all rented and currently have tenants)34 unit mini storage in back lot (29 units rented - the rest of the unrented are being used by the current owner)Asking price is $798,000 and owner is ok with seller financingAfter sitting with them today the owner who is 83 said he is ok seller financing and verbally agreed to $715,000 and a 4% interest rate, 30 year note, $100,000 down payment, no early payoff penalty - my lender and real estate agent both came back valuing the property as it sits at $840,000Income = Rentals ($5075) Storage Units ($1935) = $7010speaking with the owner he hasn't raised the rent on either the storefronts or mini storages for almost 10 years - looking at comparables in the area we believe we can raise the rent and storage units easily to push the income up to $10,000 a month 4 of the 7 Tenants have been there 5 years plusCost = Including estimated payment, taxes, insurance ect. would come to a monthly of = $4450that would cashflow $2560 a month at its current with the potential after purchase and rent adjustments cashflow $5460 a monthPending an inspection the property looks in good shape with little to none improvements needed at this timeA quick background I have had rentals before on the farm we own, three houses we rented out so I have some experience) My QuestionsIs this a good deal???
Dianne Pettitt
Investment in The Summit Lofts in Georgetown TX. Is this a scam?
9 March 2024 | 23 replies
The papers had a chart with the horizontal heading "Average monthly rent" for a 835 sq. ft. unit across the top and on the left vertical side was the exit CAP rate (36 month hold).
Brynanh Sledge
Thoughts on Kris Krohn?
7 March 2024 | 14 replies
If the truth was told and he was just another guru struggling to rise above the “noise” of the competition, he would probably be traveling under the legal radar.
Twee Phamm
Advice Needed - How to be able to list on Airbnb in Miami Beach, FL
7 March 2024 | 5 replies
Some places look like they are in really nice high-rise buildings with probably really strict rental/leasing terms from the HOA.
Andrew P.
cash out refinance investment property
8 March 2024 | 14 replies
Here's a bit more in detail about how rates are calculated for DSCR loans:1.
Logan M.
Pitfalls of CAP Rate and Mobile Home Parks
6 March 2024 | 9 replies
Your CAP rate will be dangerously inaccurate Good post.