19 February 2019 | 15 replies
How should they go about transferring them to me in the most ethical and economically sound way?
14 February 2019 | 1 reply
From The Atlantic: "After the foreclosure crisis of a decade ago, American homes were left empty and buyer-less.
3 June 2019 | 139 replies
That's really detrimental to getting loans since it's much harder to qualify as a self-employed commission based worker.It was so much better for me as a previous w2 employee making 6 figures to qualify when I started my RE Portfolio 21 years ago.Today, prices are MUCH higher and the bifurcation between those who are successful as an Agent is much bigger.Part of the problem is the higher standard for qualification for Loans after the Financial Crisis of 2008.Since I am in NYC, I cannot imagine a mediocre Agent being able to invest and the Superstars are way to busy to be Landlords.If you contrast what prices were 21 years ago to today, the entry to Real Estate investing is WAY different.For instance, I bought a 2 family property for $140k but it is worth $1.1 million in today's Market.How can the average RE Agent afford to buy in NYC?!
25 February 2019 | 17 replies
Quartz is beautiful and expensive, laminate is functional and economical but installed right it can look really great.
5 March 2019 | 2 replies
The trouble you might run into is the economics of buying a property with a tower.
18 September 2022 | 8 replies
Some of the larger community development groups, private equity funds, etc. have launched specific OZ platforms, and some local economic development officials are funding programs to reach out to equity investors.My impression of Milwaukee is that it's a tight-knit market.
20 February 2019 | 2 replies
I have a property management company willing to manage for under $100 per month.Do these economics fit the bill for a first time property investment for you experienced vets out there?
23 February 2019 | 11 replies
Doing all this legwork ahead of time speeds up the implementation of your life repair (although it never seems this way when you are in the middle of the crisis).In my case, my problems turned out to be a career change (sometimes the best answer is to move on, even when you're not quite sure what you want to do next) and my midlife crisis.
17 April 2019 | 41 replies
Closing is a title attorney or agent's job, and is not one that a Realtor is licensed for.A Realtor's job with a client starts with advising you how to present and strategically price your home and goes through marketing and prospecting for buyers, scheduling and arranging showings, vetting buyers and lenders, ensuring the right contract is selected, enforcing time frames, making sure that the lender, buyer, title, appraiser, inspectors, and any other vendors that come in are doing their jobs on time, being an economic and vendor resource, managing expectations, communicating with everybody involved, etc. . .
21 April 2020 | 116 replies
This includes rent growth, occupancy, other economic vacancy factors especially concessions and bad debt, exit cap rate and interest rates.Assuming that is the starting point, we then create sensitivity tables that forecast IRR at various combinations of EGI vs. exit cap rates, and various physical vacancy versus exit cap rates.