Just like with multifamily buildings, the more modern and move-in-ready a property is, the less potential there is for adding value, which can limit your return on investment.I suggest looking for off-market properties.

Here’s a revised version:Hi everyone,To summarize, I’m looking to buy another property in the same zip code, and I’m considering two options:1.

Be careful 

Plus, investing in a developing area gives you a chance to see your property appreciate as the neighborhood grows.However, there are some things to consider.

It was a slow start to the initial spring 2024 shopping season, but properties are still closing quickly, still nearly 1/4+ for all cash and the majority of investors are well capitalized due to the appreciation of their real estate and stock based assets. 

But they readily provided the date for when the tenant left the property in Item 13.

A rule of thumb I use to advise my clients is: 1) the loan guarantee is worth 20-25% of the deal, 2) finding and vetting the deal is worth 25%, 3) executing the business plan for the property is worth 25% (i.e., overseeing contractors/property managers, etc.), and 4) contributing the money is worth 25-30%.

Does anyone have experience purchasing a mixed-use property on an auction site sold "as is" with a quitclaim deed?

I am selling a property in CA with a pretty hefty gain (great!)

The easiest way to get around any of this is to hire a competent property management firm to handle everything.