Just closed on a large 3 unit in Avondale for a client. The building was listed as a 2 unit and the broker said its forsure only a legal 2 no contingencies for 3. I had a strong feeling it's a 3 unit as I have brokere...
The stock market and real estate market looks a little unstable at the moment with 500-600 point drops and a lot more inventory. With that in mind, my thoughts are on a looming recession. I wasn't in real estate durin...
Hi - I have a multifamily in Woburn and am looking to work with a CPA to do my taxes and someone who I can ask tax related questions to. Does anyone have any recommendations? Thanks!Kevin
Hello All,
I have been a mortgage finance specialist in Las Vegas, NV for several years, and have helped others realize their potential and dreams with real estate investment. Through my experiences I have always f...
It's finally happening! I joined back in 2016 and never fleshed out my profile. I have cranked up my path on educating myself this past year and am actually (never thought it would happen with my student loans always ...
Hey everyone!Not sure if this is most appropriate forum, but here we go:In my analysis, I deduct 25% from gross rent to account for repair and maintenance, Capex, and vacancy, and to build up reserves. My question is,...
During a bad market where vacancies care up and it is harder to find tenants, is it worth keeping a tenant who is late with the the rent and requires threats of evictions or is it best just carry over the vacancy assu...
I have been using yellow letters to market to absentee owners and I want to expand my direct mail marketing campaign to owners who have been missing payments and have received a Notice of Default as I believe there...
Hello,Thank you for taking time to read and to all those who contribute. As a first-time investor, I am looking at 2-4 multifamily properties in St. Louis.The headlines are screaming about a looming eviction crisis, a...
Hey guys,I'm a real estate broker and trying to help a friend get started in some buy and hold investing. Right now there are a lot of townhomes and individual apartment units (being sold separately from a larger comp...