Chris K.
How is land appraised for depreciation?
21 November 2021 | 6 replies
It's up to you to choose one.The most common methods are:county assessmentprofessional appraisallocal Realtor's opinioncomparable sales of undeveloped land in the areaYou can also choose whether you apply the $ number or the land/improvements ratio.
Tina Chau
where is a good place to invest in pennsylvania for multiunit?
23 November 2021 | 4 replies
Curious if you would also be interested in package/portfolio deals, those are a lot more common in Philadelphia and the suburbs then stand alone 10-20 unit multis.
Johann Jells
Commercial property insurance cancelled for ivy on building?
23 November 2021 | 10 replies
Just fix them and move on.Thanks, but the configuration of unlocked outer door and mailboxes + intercoms in the foyer of a multi is extremely common here.
Jerry Hazer
Fixed rate mortgage really fixed no matter what inflation?
22 November 2021 | 2 replies
I wouldn't be surprised if lenders started enforcing some of the provisions not commonly enforced now, especially if there's inflation, higher rates, and real estate values stop soaring.
Dan Wynn
Is it still good to invest in real estate?
22 November 2021 | 1 reply
They are a blockchain technology focused company, which has announced that The Nasdaq Stock Market LLC has approved the listing of the Company’ common stock on The Nasdaq Capital Market (“Nasdaq”).
Jarrod Hannon
Looking for a house for a friend east of San Antonio.
22 November 2021 | 4 replies
You mentioned they want a four bedroom two bath with a couple of acres of land for 200 K that’s not common unless the house is in dire need of repair and then it’s still uncommon.
Jason Malabute
How to Partner Up With People
24 November 2021 | 4 replies
The main reason behind this increased consideration of key principles is that too many part-time investors are getting into real estate investing and lenders don’t want to take on heavy risks.Some of these key principles are:Have local multifamily experienceOwn a 5+ unit deal for at least 5 yearsOwn two or more 5+ unit deals for eat least 2 yearsHave a net worth more than or equal to the loan amountI got goosebumps when I learnt of it because my parents always used to tell me about the pitfall of partnering up with people.
John Hugh
1031 exchange with different LLC but same shareholder
23 November 2021 | 3 replies
We don't want to do tenant-in-common in this case.2.
Daeun Lee
getting funding for next investment property
22 November 2021 | 3 replies
The options already mentioned are the most common.
Account Closed
Loan position second and third lien holder
14 December 2021 | 4 replies
Very common… ask your loan officer.