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22 August 2018 | 10 replies
in some areas home prices peaked in the 80s and 90s think Rochester NY for example or Buffalo.. in some areas real estate seems to make new highs then 10 years later it makes new highs again think SF bay area , at the end of the day building materials are up land prices even being zero it cost more to build a home than you can buy an existing one in a huge swath of America so until that changes.. who knows.then in the areas that are slowing but surely turning into rental dominated markets ( we know which ones those are ) those values will really only move if rents move or investor accept a much smaller return that what they want today which is basically 6 to 10% COC with 20 to 30% down..
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19 July 2018 | 7 replies
My guess is a 3/8" drywall was installed over existing plaster walls but no trim was removed, the drywall was just butted up against in. my brother-in-law is a contractor in central pa who does this, however to a much higher standard than what this was done in.
19 July 2018 | 4 replies
Banks also tell me I'd be a bad investment if I were to get a non-legal job in Florida to supplement my income while growing my new firm, since I'd be working far beneath my education level.
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18 September 2018 | 11 replies
For the non-owner occupant places I've worked mostly with commercial lenders.
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18 July 2018 | 2 replies
I would think, for a first time RV investor (My assumption), it might be more advantageous to buy an existing RV Park rather than build one from scratch.
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19 July 2018 | 10 replies
Duluth has next to zero vacancy which is driven by the housing shortage that exists (in both rental and homeowners housing) and that is due to our cost of construction locally.
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27 July 2018 | 3 replies
Illinois REIA members use REIPro to locate vacant, non owner occupied and pre foclosure properties.
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15 November 2018 | 28 replies
ok.....so my buyers closing attorney did not figure this out as he didn't even know the bill existed......the may 15th tax bill covered March , April , May and June...so part is in arrears and part in advance
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19 July 2018 | 4 replies
I have definitely been listening to the podcasts non stop.
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18 July 2018 | 3 replies
That's why if you ever see a REO contract (bank owned), it will almost always state "non assignable".