I am looking at a C+,B- 4 plex in S Florida. Asking is 500k and the neighboring 16 units sold 2 years ago for $1,040,000. These are 825 sf 2/1 units. The numbers are:Asking 500,000Current Rents 815, 800, 750, 815My Of...
I have the following situation and need some urgent advice.
1. One year leased signed from June 2017-May 2018 with husband and wife on the lease.
2. Have on deposit last month's and security deposit both equivalent ...
An architect told me that their architectural services for building a 1000 sq ft 2 story ADU in Los Angeles would be $40K-45K. Does that seem reasonable?My lot is flat and 'unremarkable', btw. I am not looking for fan...
Hello Fellow investors.I am running into some issues getting a second property and I am hoping for some guidance from the locals with feet on the ground doing deals. I have been looking at houses with an agent off the...
A brief overview.40-year old S-Corp with a stable history and no past financial problems. Assets: $700K-$1M. Debts: Zero. Vast majority of assets are commercial, with less than 10% SFR. Clean, complete books and a...
I recently closed a building with 24 residential units and it is more than 100 years old.I have talked with a designer/architect about interior design.His quotation is around 21k for all the units.Is the quotation rea...
Hi - I own a vacation rental property (short term rental) and this is the first time I've worked with a property manager. Essentially, from the moment I signed the agreement, I feel like I've just handed over the keys...
Tentant was late on rent (last month of lease) sent a 3 day notice to pay rent or vacate. I received a letter from her during that time (she moved out 8 days before the end of lease) with the house keys, garage opene...
Hi all,
I need advice about whats fair when making a deal with a party who's on your principal brokers client list already. As per verbal agreement they consider that their client and collect half of your split( in...
Hello! My wife and I are looking for our next investment property and I just recently got a call from a mailing I sent out to local absentee owners. The property is an off market 5 unit that rents for $675, $890, $945...