John S.
Opportunity to purchase a rental book of business
13 July 2019 | 13 replies
A licensed agent acting unethically will be acted upon without you doing more than reporting it, so they have a much higher standard to uphold and much more definite consequences.As for the tax advantages, they are huge for a long time owner.
Mahmoud Y. Elhalawany
What is the absorption rate for Greensboro?
19 September 2019 | 2 replies
Message me for a full market report.
Roy Gottesdiener
Starting out as an overseas investor
29 May 2019 | 3 replies
Do you provide move in and move out reports How many pictures do you take of the property prior to tenant moves in and after the tenant moves outDo you get weekly reports when the property is vacant what prospective tenants are saying about your homeDo you provide monthly newsletters to your tenantsDo you hold investor education classes to help me become a better investorDo you have single point portfolio based management services?
Stephen Neto
5 unit [Calc Review] Help me analyze this deal
28 May 2019 | 3 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.
Natalie Hahn
Where to invest in Bay Area new construction?
30 May 2019 | 10 replies
@Natalie HahnI think you've kinda missed the boat for the Bay Area to be honest... people are moving OUT of the Bay Area into the Central Valley (Stockton) and Sacramento.Sacramento is #7 in the nation for Rent Growth in the country:https://www.bizjournals.com/sacramento/news/2019/01/10/sacramento-is-7th-on-list-of-top-rent-growth.htmlMakes sense, as everyone coming from the Bay Area is used to paying WAY more for housing, so everything in the central valley looks like a screaming deal.
Precious Thompson
Advice on short sales
24 May 2019 | 5 replies
He should have run a prelim title report to identify junior lien holders, as tour your offer may have to be structured differently to deal with them, ie. lower purchase price as you may have to contribute additional cash to satisfy am junior lien.There’s too much to learn for You to know everything involved.The list price is irrelevant, the price the bank will eventually accept is what matters.Worst case, get a contract executed, provide a legit POF or preapproval, see where the bank comes back.
Howard Hendler
Owner Responsibilities Over and Above Property Manager
28 May 2019 | 3 replies
Paying a mortgage, lender reporting, compliance with loan docsCash distributions to investorsWhat other tasks does a property owner have over and above a property manager's responsibilities?
Madeline Lamour
Esrimation of closing fees
3 June 2019 | 4 replies
-Settlement Fee: $595-795 depending which title company you hire to close the transaction-Owner's Title Insurance Policy: Roughly 0.2-0.3% of the purchase price-Recording Fees and other Misc: Another couple hundred dollarsFees that will only be present if you are using a mortgage to purchase the property:-Origination Fee: Varies and is typically represented as a percentage of the loan amount-Lender's title insurance: Another roughly 0.2% of the loan amount-Appraisal: $500-650-Misc Junk Fees: Processing, credit report, flood cert, etc etc etc: A few hundred to a thousand dollars depending on the mortgage companyCosts that are not fees but still need to be settled at closing:-Prepaid interest (if there's a mortgage)-First year insurance premium-Impounds to set up tax and insurance escrow accounts (if there's a mortgage that escrows T&I): A few month's worth of each-Prorated taxes, water, sewer-Heating fuel remaining in tanksWelcome to New Hampshire, and happy investing,Troy
Tariq K Frantz
Why Manufactured Housing Communities Make Sense
29 May 2019 | 6 replies
ELS has reported quarter-over-quarter growth for 20 consecutive years, including throughout the Great Recession.Blackstone is one of the largest, most sophisticated real estate and private equity investors in the nation.
Blake Morgan
Cummins to expand to Greenwood and invest tens of millions of $
21 June 2019 | 5 replies
Crazy good news for Greenwood.