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What do you think of this rate? I'm wanted to jump on locking in a lender in case rates go up at the Fed meeting next week....Property info: Duplex, $155k, 25% downRate quote: 30 yr fixed, 5.125% (no points), $1339...
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I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
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Me and my girlfriend need to be in town for 2 more years before moving for her masters degree program. We have saved up a down payment living with parents, and are ready to move in. Should we just rent? My family said...
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Hey everyoneNew investor hereCan you guys classified what’s considered A, B, C, D locations in northwest & west Chicago suburbs,I’ve been looking like crazy to find an apartment buildings to purchase but getting o...
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Politico is reporting the AP story:
"President Bush has dropped his opposition to legislation that aims to calm the chaotic housing market despite his opposition to a $3.9 billion provision, the White House said this ...
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Hi,
I was wondering (this is a question for those who have already established their real estate business):
How far out of state would you go?
Of course, knowing that the profit and everything (hotel, rental car, etc...
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Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
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Hello All,I'm just getting started with Real Estate and now that I'm analyzing properties I'm finding it very hard to find positive cash flowing properties where I live. Here is just one example of a property that I f...
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Happy Friday. Let's talk about something I've been wondering about for some time.I saw some really inexpensive 1/1 condos down there in that 59 & Bwy 8 area. The standard 'investor/handyman dream' deal, just nee...
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Want to see how you feel like eviction moratorium expiring? do you think they will just extend it? going to be crazy back up and bottle neck? I know in NY it was hard enough evicting before covid ever hit the scene, c...