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7 March 2015 | 5 replies
The size of this project would require me to quit my current job and manage this thing full time to turn it around. 100+ units, $3 million, probably $1M in maint and repairs needed.
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5 March 2015 | 4 replies
When you start having metrics like 1 bed, suburban to rural population location, low median income levels, low rent per door, small size etc. you start stripping away lot's of lenders.Are you sure there is not a local bank close to the property that would do a refi??
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5 March 2015 | 13 replies
Also, another option is that you can get smaller, apartment size, stackables for small spaces.
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11 March 2015 | 31 replies
If it was a repositioning of a park in a better local I like that play given size constraints of the pads
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17 March 2015 | 7 replies
They are very cost effective for any size 1031 Exchange transaction.
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25 April 2015 | 2 replies
Be very clear in what you are asking for.In case this is helpful, I ask for these fields in their report:Parcel Number, Owner's Name, Owner's address, Property address, Property Use Code (zoning), Assessed Value, Lot size, Delinquent tax amountMore often than not you'll find that they will not supply everything you need.
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24 October 2016 | 4 replies
What is the loan size?
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9 March 2015 | 21 replies
Agents are hired to represent buyers or sellers, and no matter on whose size I am, that is the client that will do the absolute best deal, or in a hot market like Chicago right now - will get the deal in multiple bids.In the fsbo cases, I had every seller that thought they saved a commission by listing in mls on their own take a lot less than if you had an agent.Regarding Redfin, I have my own opinion based on my experience with their agents and with clients that bought or sold with me after meeting them, however I can't express my thoughts here as is illegal for me to comment on a different brokerage.Please understand that the experience a broker that sold hundreds of properties, negotiated with all kind of personalities and saw all kind of situations - brings at the table a lot more than writing an offer.
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5 March 2015 | 1 reply
Maintenance and capX costs are not related to rental income but more related to size of property.
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5 March 2013 | 14 replies
Some insurance companies will not even insure buildings that are really old where the plumbing, electrical, etc. has not all been replaced.Insurance companies are like any other business in that they are hedging their risk against size of a claim and frequency versus the revenue coming in for them on the policies they give out.