29 September 2020 | 3 replies
It spreads your risk over multiple units, and for commercial MF (5+ units) they are valued based on the income they produce, which gives you a lot of control on sales price valuation.....
29 September 2020 | 0 replies
We are in an environment of unprecedented cap rate compression and record low interest rates which is only headed in one direction after this is all over.Yes, make no mistake, the music will soon stop.That has very little to do with an upcoming election and is regardless of who wins the White House or who controls congress after November.If you've listened to Kevin Bupp and Rod Khleif, you know what happened to their portfolios in 2008.These were no amateurs, as a matter of fact, they had many years of investment experience when the music stopped.They both weathered the storm and came back stronger and that is why I remain a shameless fan of both men till today.Several others were not that lucky, and you will never hear their names.In this space today, there are investors and there are educators.The educators have taken over the habitat.That is why there are now more podcasts on real estate than I can get through in a working week.Real Estate education is so very lucrative now that it is possible to make way more money from podcasts and books than in actual real estate investment for some gifted marketers with smooth tongues and gifted content creators.more....To read full article,click link below:https://www.biggerpockets.com/...
29 September 2020 | 4 replies
You can also control the scheduling of when and how often the unit is viewed.
2 October 2020 | 26 replies
I discovered he had lost everything and was homeless, poor guy.You really don't know this guy, and if he's not returning your calls, it might be best just to move on and find someone who is more interested in helping you.Acting like this is probably wasting your time: https://www.youtube.com/watch?
1 October 2020 | 3 replies
We lost everything a few years later as we got too too speculative in 2008.
29 September 2020 | 7 replies
They are also complaining about spiders and although I offer pest control as a courtesy, I know that pest control is not my responsibility in GA.
30 September 2020 | 10 replies
I have had many offers and tenants were great, but I am separated and want control of my own money.They are suing for specific performance, despite that performance being to close on Aug 18.
1 October 2020 | 18 replies
If I can get a HML or 203k Rehab loan for $530k, I think I can swing it all.Purchase price (possibly) offer = $500k <---I think the owner would take that if sold as-isRehab = $30kSell = $595kProfit = $65kLease payments to new owner for 1 year = $36kLeftover profit (use for fees or whatever else) = $30kHave I lost my mind or is this a doable scenario?
30 September 2020 | 14 replies
How many people have lost that asset in this pandemic, and in 2008 because of hard times?
1 October 2020 | 6 replies
I feel that because I am not present physically, that he has a lot of control over the properties.