We are looking for properties in a B or C area with a B or C rating and most importantly, the investment property should have a value-add capability.Ideally, we are looking at properties between 50 and 200 units but if close enough and a win-win, we will to take a look.Contact me if you are a serious seller or Seller Broker/Agent.

Scenario: I have a weird scenario where a week after closing on a home a pipe burst in the second floor unit of a duplex I purchased in late January of this year.

It turns out is that they market the notes to a list of buyers, collected a fee if thier buyers closes on a note, I would get a fee.

Not to mention closing costs.

If you google, "how much are closing costs" you'll get a result from Rocket Mortgage (most expensive lender) stating the fees could range from 3-6% of the property's value. 

I recently purchased a duplex about 5 minutes away from where I currently live.My goal for the duplex is to furnish and rent to travel nurses/workers as it is very close to a large hospital that is expanding in the near future.

QuickBooks:  I think for normal people who aren't accountants, QuickBooks is not a good choice in my opinion. 

If your doing anything close to this tye property better be a 100% home run .Otherwise, we didn't do a portfolio loan until we had 5 houses and supporting tax returns and did everything cash up until then. i wouldn't do it until you have some track record before jumping into leverage and a heloc is made to use and pay off quickly.

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.

So I understand I will have to come to the closing table on a refinance with about $68,000 + closing costs.