Noa Zell
Uses for MR1 Properties in Los Angeles
8 March 2024 | 3 replies
I considered rezoning to commercial and selling to a developer, but as I understand it the city is currently very reluctant to approve these kinds of requests and commercial development is very slow because of high interest rates.
Alvis Jenkins
Offering Owner Financing
8 March 2024 | 1 reply
The rental comps would bring in $1200 - $1500 profit per month (the fixed interest rate is very low).
Angelo Llamas
Areas good for investing
8 March 2024 | 11 replies
There is government data online to see where good schools are, low crime rates, and desirable city amenities.
Dav Pohote
Refinancing based on interest rates
5 March 2024 | 5 replies
Today the Fed said they would debate having 3 rate cuts this year, which can add up to .75-1 basis point.
Darius M.
Refinance Two Flat
8 March 2024 | 9 replies
You may get higher with DSCR loans but expect upfront points and a higher rate
Kyle Swengel
Bonus Depreciation and My CPA’s Advice
7 March 2024 | 22 replies
What amount of depreciation recapture do you anticipate paying at ordinary rates?
Nolan Mahoney
DTI is too high after buying a house?
8 March 2024 | 9 replies
Hello, this lender at gaurenteed rate says my DTI will be too high AFTER i buy this SFH (with FHA) that i will turn into a rental later.
Ashley Guerra
interviewing buyers agents in nj market
8 March 2024 | 5 replies
Due to recent changes in commission rates, many buyer's agents are asking the buyer (you) to pay the difference in commission compensation.
Rebecca Jao
Sell or Lease? What is the market price to sell my commercial restaurant property ?
9 March 2024 | 17 replies
They will often want a new building constructed and building today with labor and materials is very expensive versus retrofitting existing building.When I buy value add vacant buildings the goal is to double the return on investment within a 3 year period.So if I can use the existing building and retrofit to same concept ( example previous burger inc. but now Whataburger wants to come in ) then not as much tenant improvements to convert.So if rent 20 a foot for 5,000 ft that is 100k NOI NNN a year. 7 cap value is about a 1,400,000 stabilized valueSo if I buy it for 400k and have 300k in it more 700k to get new tenant in the value is then around 1,400,000 based on NNN 20 a foot and a 7 cap rate exit value.If you want a premium price then you would need to sell to an end user tenant ( regional or national in nature) that wants to buy the building and put their concept in there.