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Hi Friends! My husband and I are partnering with another couple on a large 4,300+ sq ft A-Frame cabin in a verrrry remote area in the woods, near Oakhurst CA. We have ordered the following inspections:- Whole house- P...
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Hi All,I am bidding on a foreclosure and it looks like I am in a multiple bid situation so the bank is asking me for my best and highest. I am a little nervous as I don't have firm numbers on the rehab. I did my best ...
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two 2/1 units in hollywood, fl
Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo
Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600
Net profit: 23,600
23,600-31200= 5600
...
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My wife is currently working on getting her real estate license with the primary intention of aiding our own real estate investment activities. Outside of our own purchases, we would only be potentially representing ...
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Looking for some advice here - any input is appreciated!I live in one unit of a duplex. The landlord is an older couple, who live in Florida. They only rent out 1 unit and keep the other one open for when they come ...
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Hello,
I am Jeff Luman. Currently I work full-time as an offshore surveyor, and I am a regional affiliate for a large private investor group that finances residential and commercial property.
I am originally from Na...
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I went into contract with this absentee owner. The ARV is $550k, contract price is $400k. The repair should be around $60k. However, there might be problem with the roof and major termite issue underneath the bathr...
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We have a tenants that does not want to pay for their unauthorized pet. Send them a notice to cure within this week or they may end up with eviction. I was debating would it be better to evict after the 1 of May when...
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Looking in investing Multi Family property with 180 doors, there is no asking price, NOI is $1,200,000 (annually), Cap Rate is 5.8%.What should be a reasonable offer for this property?Please Advice
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Feel free to move this topic to another forum if it fits best there. However given the correlation to commercial RE thought here was best.I've noticed on some of the financial products I've been pursuing/commercial l...