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4 September 2018 | 15 replies
Originally posted by @Bryan Watson:@Kyle Jiron Just curious on your message above for action plan / investing plan , your phrasing made that sound like more of a solid thing or were you just referring to generalities ?
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24 July 2018 | 5 replies
$1.5MM25% Down would be $375KIt was suggested to me to speak with the owners (who I know - they are personal friends) about Owner Carry for $250K.Does this mean A) The $250K is subtracted from the original purchase price and therefore I would have to come up with 25% of $1.25MM or..B) Out of the $375K down the owner would carry $250K and I would have to put $175K down on the deal ?
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23 July 2018 | 3 replies
Originally posted by @Bruce Harding:First time buyer.
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28 July 2018 | 69 replies
Originally posted by @Cheryl Vargas:@Mayer MI love your rehab suggestions, Mayer!
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13 October 2018 | 111 replies
And now you are playing with "house money" since the refi was so much more than your original investment.
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23 July 2018 | 3 replies
In my services I will attempt to grab as much real data as possible, so I will call utility companies, and look at the market data, and I will alter the analysis based on request.So my question is this something potential investors might be interested in?
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25 July 2018 | 9 replies
@Spencer GrayThe immediate play is to cut expenses by fixing exhorbitant Water/sewer bill.Immediate planned rent increase by $100/unit as is still below market.Near term interior repairs is mostly to satisfy point of sale requirement per the city.We will resist over-renovating as there may not be enough return on the upswing in rent.I’ve seen the data you referenced re declining population.It just doesn’t bother me a lot when you’re investing in a large metro.I would be more concerned if you’re playing in secondary markets.
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23 July 2018 | 1 reply
The officer I spoke to had glowing things to say about Safeways http://safeways.org/From City Data http://www.city-data.com/zips/38127.html the zip code has about 7600 apartments.
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27 July 2018 | 9 replies
Originally posted by @Andrew Lawlor:Is purchasing an MDU an aggressive move for a first-time buyer?
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26 July 2018 | 3 replies
Originally posted by @Shane Paula Wood:...a single family home priced well bellow tax assessment As long as the numbers work in your favor, either would be acceptable.However, I want to point out that using the tax assessment to determine if a price is a good value is, in most cases, the wrong way to do it.