Karen Margrave
FANTASY DEALS
12 May 2015 | 60 replies
@Karen MargraveCreating a community in one place (mixed-use) is one of our long-term dreams as well.An energy efficient (Passivhaus standards) mid-sized (40-60 units), mixed-use property (retail, office, residential) ...
Roger Vi
New Member from WA state, Snohomish/King County
24 May 2014 | 16 replies
Robert I don't see retail properties as being viable buy and hold investments in western Washington.
John D.
Finally closed the loop on #1.....$1k+ cash flow and appraisal 42% above cost
17 May 2014 | 5 replies
Im psyched to finally have closed the loop on my first property from purchase, renovation, tenant in place, appraisal, and now finally pulling cash out to finance future deals.I "won" the hubzu auction on 3/15 for $134k. 1750 SF 2 bed 1.5 bath on 3/4 acre in north Nevada City CA.
Jacob Forbis
What do you look for in an area?
23 May 2014 | 7 replies
For retail/business, they say its all about location, location, location.To me, for investing (at least for buy and hold for rentals which is what I'm familiar with), its schools, schools, schools.Give me a house in a town with good schools and you're going to do well.Less turnover.
Alex D.
selling -- price it high and lower it over time, or price it low and stand firm?
19 May 2014 | 7 replies
My assumption is that retail buyers are more informed these days with all the resources available to them, so I feel that they would be unlikely to overpay.
Eric Robertson
Figuring first deal-input please
20 May 2014 | 16 replies
Usually referred to as Wholetail selling on a retail market with a wholesale price with your target buyer being and actual home owner rather than an investor.Lets say you offer him $71,520 with $5,000 down over 20 yearsclean the house up and paint it freshlyand through it on the MLS for about $99k and hope it sold over 4 monthsYour monthly would be around $566 or $2,264 over 4 monthYou will have about another $2,500 in closing at sale, $300 in inspections cost and $5,940 in commissions You will have about $7,264 + cosmetics and utilities invested.But you will net about $10,000 after sale$71,520 + $5,940 + $2,500 + $2,264 = 87,854$99,000 - $87,854 = $11,146Something like this can also be done and your numbers could be adjusted and negotiated if you do a 30 year term insteasd of a 20 the month would be lowered speak with your realtor about this as well.Just a thought my mind tends to analyse deals quick and run off track at this point.
Loren Whitney
Locking rates on new construction
23 June 2014 | 6 replies
The comments above are consumer retail, yours would have been commercial in nature.
Dave Visaya
What kind of home can you buy for $1 million (USD) in your area?
2 September 2014 | 49 replies
Figure 7+ bed 4+ bath
Sandra Johnson
Underwater now, what's best way to get out?
30 May 2014 | 11 replies
The current house that I would like to sell or rent is 1960 SF, 3 bed, 2 bath, 2 car garage, plus a ~200SF screened back porch, privacy fenced yard, nice lawn and landscaping with sprinkler irrigation from a well.