Danielle Shulman
Bailouts For Major A City, Yay or Nay?
28 October 2014 | 1 reply
This morning I read an article posted on MSN.com regarding whether or not Detroit will receive a government bailout to help improve the diminished economy of the Motor City.
Bobby Valcin
Exhausting Free Marketing
17 November 2014 | 26 replies
If you are not already familiar with your local government websites you need to be.
Bryan H.
Finding my own properties to rehab
11 November 2014 | 7 replies
My wife printed and stuffed the envelopes and I have been receiving the calls.
Luis Saez
Dollar collapse
16 March 2014 | 21 replies
I mean, if the dollar is becoming more and more worthless, it makes sense to get something of value with something of no value while ppl don't realize it.The US Dollar, issued by the US Treasury on behalf of the Federal Reserve and coins minted by the Treasury are the only valid forms of payment for any federal, state or local government.
Scott McGill
Chess anyone?
8 April 2014 | 12 replies
I print off the "evil" ones at websudoku.com and finish them in a matter of a few minutes.
Alex Heifetz
Chicago 2 Flat Turnkey Analysis
11 October 2016 | 24 replies
Both of the tenants in place at this property have their housing secured through section 8, so all but $79 of the monthly income comes from the federal government.
Eric Belgau
Washington + Cannabis + Landlords
2 August 2014 | 7 replies
If a bank is regulated by the federal government they are not going to loan on any property that is breaking federal law.
John Zoulis
Multifamily Construction Cost feed back needed/ADVICE
25 September 2015 | 4 replies
I am looking at a project that is a historic building that sits in an Acre and is 8700sf . very walkable to lots of amenities,restaurants,grocery, schools, government offices e t c.in the past i have remodeled SFH ,renovated industrial builings to retail centers (sizes up to 15000sf)Project Scope: i am thinking retrofiting and add an addition and have aprox 32 units of apartments with elevator, and finishes stainles appliances,granite tops, study says that target tenants are milenials,retiress and due to proximity to government offices government employees.current rents go for 1bed 900-1000 and for 2 bd 1100-1200 . the sf need for 1 bed is 800sf ( should be able to rent according to the study for $1200)and for the 2 bed is 1200sf( should be able to rent according to the study for $1400)for this area.14 1 bed x $1000 =$14000 x12=$168,000. year18 2bed x $1200 =$21600x12=$259,000 yeartotal yeqarly income $427,000.00 -8%$34,160)vacancy (study says 3% for this area)=$392,840.00 yerly gross income.using current rents for fast stabilization as the goal is a non recource loan.i have couple questions that i would greately apreciate your input. 1)is it worth going after tax credits and how do i find more information?
John Zoulis
FINANCING FOR MULTIFAMILY NEW CONSTRUCTION
26 September 2015 | 1 reply
I am looking at a project that is a historic building that sits in an Acre and is 8700sf . very walkable to lots of amenities,restaurants,grocery, schools, government offices e t c.in the past i have remodeled SFH ,renovated industrial builings to retail centers (sizes up to 15000sf)Project Scope: i am thinking retrofiting and add an addition and have aprox 32 units of apartments with elevator, and finishes stainles appliances,granite tops, study says that target tenants are milenials,retiress and due to proximity to government offices government employees.current rents go for 1bed 900-1000 and for 2 bd 1100-1200 . the sf need for 1 bed is 800sf ( should be able to rent according to the study for $1200)and for the 2 bed is 1200sf( should be able to rent according to the study for $1400)for this area.14 1 bed x $1000 =$14000 x12=$168,000. year18 2bed x $1200 =$21600x12=$259,000 yeartotal yeqarly income $427,000.00 -8%$34,160)vacancy (study says 3% for this area)=$392,840.00 yerly gross income.using current rents for fast stabilization as the goal is a non recource loan.i have couple questions that i would greately apreciate your input. 1)is it worth going after tax credits and how do i find more information?
Justin Lenk
Vacant House Q. - Owner Is In Assisted Living and Has Disability.
11 April 2016 | 5 replies
@Justin Lenk Depending on what kind of government assistance the person is getting it may not be in the owner's best interest to get cash or even find a buyer.Many elderly people are covered by Medicaid.