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I recently closed on a property that I purchased through an assignment from a wholesaler. I am under contract with a buyers agent and used them to run comps as well as other services on the property. At closing, the w...
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Hi All,
Came across someone who is trying to sell this 32 unit apartment in Wyane County, Detroit, Michigan. His asking price is $320,000.
Now the seller is trying to offload property that he has just acquired. The ...
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hey all not sure where to post this question
We recently sold a duplex in downtown Indianapolis using 1031 currently looking for like properties in northern suburbs of indy, but could entertain other ideas. We are st...
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Well, this is awkward.We just signed up a new investor for our multifamily investment projects to fund the construction side of things. Verbally, the investor agreed to invest $200,000 with us for 2 projects this sum...
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Hi, I am renting out a 2 bedroom apartment for $1,200 I had two people looking at it, one person was an older mother not working with her daughter working that makes three times the rent net, but she does not have now...
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So, I'm currently waiting on loan approval, and then plan on buying my first multifamily property. I'm all in on this plan, but can't shake some nerves when it comes to landlording. Is there anything I should know? An...
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I realize that there are many more important aspects of completing due dilligence(referrals, background check, etc.) but how much weight does the appearance of the actual estimate they hand you carry in choosing a con...
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I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...
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I’m looking at my closing disclosure and the underwriting fee is $995 while fees going to the title company are $3,008 and it’s under “Services Borrower Did Shop For”. I was told by the seller which title company we’r...
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I'm divorcing my husband. We have a beach house in North Carolina that's under water to the tune of $150,000. A short sale is out of the question; we make too much money. A commercial broker and CPA friend has suggest...