Curt Bixel
Turnkey rental sold at wholesale????
4 December 2020 | 5 replies
I can't really figure out why anyone would rehab a property, make it fully ready for renters, and then sell it at wholesale prices.Does a Turn Key rental for sale from a wholesaler pretty much equal a crappy rehab without permits pulled that simply cannot be sold on the MLS because the seller knows that if a real property inspector were to ever step foot in the place, that the buyers would run for the hills?
Daisia Butler
Investing in real estate in my 20’s
10 January 2021 | 6 replies
I do a lot of reading and trying to learn more about it to get started but now sure where exactly to start to get my foot in the door.
Jonathan M.
Calculating the price per sq ft for office space
3 December 2020 | 3 replies
I want to know the price per srq foot I should charge for my area.
Naoko Potts
Is it a good time of the year to start?
3 December 2020 | 1 reply
Just get started and keep putting one foot in front of the other.
Justin K.
Newbie needs help finding deals
3 December 2020 | 3 replies
I feel like there are other methods of getting deals rather than trying to strike first at something via app that’s likely already been sorted through by other buyers.
Bryan B.
Problems With General Contractor
8 December 2020 | 21 replies
For example, our 140' foot fence was agreed upon to be cedar, and it was done using pine (at a cost of $8k, despite originally saying it would be $6.5k, and only notifying us about the price increase after it was finished).
Rae Mac
Second/upper floor laundry room anxiety question
10 December 2020 | 6 replies
Tiled the floor and up the wall about a foot.
Cory Sparks
What information do I need to get before buying a commercial prop
4 December 2020 | 3 replies
There's a few phases - For info for buying, you'll need Leases and terms, breakdown of costs (what is tenants responsibilities and what is landlords), breakdown of CAM (Common Area Maintenance), each units price per square foot, tenants revenue to rent ratioOnce you go into due diligence, you'll need balance sheets, surveys, P&L, and tenants' sales reports for two years. lease docs and amendments including any statement regarding oral agreements, tenant estoppel agreeing with what you've been given, any open permits or zoning issues, environmental reports (don't want to find out later an old gas station or laundromat was there before), owners current budget, a complete list of all property stating who owns what and who is responsible for the care.
Lloyd Segal
Economic Update (Monday, December 7, 2020)
8 December 2020 | 3 replies
In the third quarter, the average asking rental for retail properties decreased 15 cents to $2.86 a square foot on a triple-net basis quarter over quarter, according to CBRE Group Inc.
Kevin Larson
Refi with low appraisal value
31 December 2020 | 7 replies
But given the substantial difference between your estimated value and even the revised estimated value, I wonder if the appraiser actually set foot inside the property...Lastly, just be sure that if you are going to scream and shout at the lender that you have loads of supporting documentation and evidence on your side.