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Results (10,000+)
Account Closed Putting a Deal Together
16 September 2015 | 0 replies
Students must live in campus approved housing for freshman and sophomore years, and junior and senior students with scholarships are also required to do so, however juniors and seniors without scholarships tell me they are anxious to live "off campus"Since apartment is one block from university, students can walk to campus, saving them parking permit fees.Additional income could be had by putting in coin laundry, soda/snack machines, and renting out storage units in basement as well as garage space.I have a friend that currently is the maintenance man for the entire university, and he is questioning students as to how much rent they are paying to live off campus currently.OPTIONS:  Rent furnished apartments to 4 students per two bedroom and two in basement unitRent furnished apartments to 4 students per two bedroom and create common area in basement for study/recreationRent all units unfurnishedOption to raise rents by including all furnishings, cable, wifi, cleaning service etc. with them simply paying rent and electric.FINANCINGtax value (not market value) 105,000Taxes $2,200 with no exemptionsProperty currently has a 30K mortgage left of a 55k loan previously taken out to "give first child his half"Owner, due to age is most interested in payments, and leaving remainder to 2nd child for "her half" Owner has expressed the following offer :30K to pay off current mortgage, and 250K to purchase an annuity that would pay $10K/year for his and his daughters lifetime.In its present state, I question whether the property is able to be financed FHA due to condition, though it is a solid building, the maintenance has been deferred.comps on property are practically non existent.MY SITUATION:I have perfect credit, and am about to flip a seasoned home with no mortgage and expect to clear approx. 70K.I am single, steady long term employment, and have no debt.I have a realtors license in inactive status, and have hands on experience with major property improvements.I am a "Dave Ramsey" girl, and debt makes me quiver...  :-)Note: Property is currently in a Life Estate Rev.
Karlyn Brasselmon Lost in Forest: Wholesales
23 September 2015 | 9 replies
Sign your agreements with the seller and end-buyer, then leave the rest to your real estate attorney.
Ryan Dossey Asking Realtors for their expired listing info? Am I crazy?
16 September 2015 | 5 replies
I could just mail the tax address but I'd rather leave at least a voice mail.
Ndy Onyido Are you a landlord or an investor?
23 September 2015 | 21 replies
I will rather leave that to those specially trained and equipped to handle them, while I spend my time on the things that matter most to me….my family, friends and leisure: this is my target.Let’s talk about the investor briefly:According to http://www.investorwords.com/2630/investor.html#ixzz3lvQW5IZP, an investor is an individual who commits money to investment products with the expectation of financial returns.His primary objectives are the returns from his investment.
Justin Lemaster Columbus, Ohio Real Estate Investor Groups- Searching
17 September 2015 | 0 replies
Just trying to ensure I am not leaving any stone untouched.Thanks, I hope everyone has a great day!
Nick Cassidy New member form Boston
2 October 2015 | 6 replies
Once the process starts to take up all of my time and the profit margin proves to be large enough to support me, I plan to leave my day job and put all of my time and focus on growing this small side business into something much larger and more profitable.
Nick L. What CRE category is undervalued?
17 September 2015 | 6 replies
I personally do not like regular office as it is very easy for a tenant to leave a space in one night versus a built out retail space that can make it difficult to relocate and expensive.90% plus of retail closings last year were furniture and clothing related stores.
Samantha VanNorman Which leads are the best to call on?
28 September 2015 | 10 replies
Get told no, get told to leave, get told you're crazy.
Richard Vandenberg Question on possible deal on a property with a reverse mortgage
17 September 2015 | 4 replies
The husband has never paid for any of the expenses of the home.The husband is a hoarder and lover of feral cats, which he attracts by leaving food outside for them to eat.
Jonathan Taylor Smith At Showing "I love it! I Want It!" - Then Crickets Instead of App
19 September 2015 | 26 replies
Am I missing something as to what happens after the prospective tenant leaves the showing expressing how much they want the unit and knowing the first qualified applicant will get it - yet I get only crickets when waiting for the app and trying to follow up with them!?!