Hey Folks, just wanted to share the statistics for the Tucson multifamily sector. -Average Price Per Door: $78,943-Median Price Per Door $53,333-Average Cap upon sale: 6.7%-Median Cap upon sale: 6.6%-Average Rents: 1B...
View reportSo here's the deal: The house next to mine is about to go up of for auction. The note owed is 132k, the min ask is 135k. Personally, I want it if only to control who moves in. THAT said, I have trouble beli...
I have heard a lot of talk about unsecured lines of credit with no or very little documentation. Is all of this true or just busy bee talk? I am starting to look into the idea of obtaining a line of credit so that I c...
I've recently been exploring different options to fund my real estate investing. I opened a HELOC against a rental property last year, so that is one current source of funding I plan to use. I've also been hearing a...
I'm just getting started in REI and I'm in the process of looking for good comps. What's a good way to find comps. Any advice is much appreciated
Found a duplex for $205,000
Renters both currently pay $975
Long time reader, first time poster here! I'm thinking of putting an offer in on my first duplex. My numbers look good, but I'm worried that I may be missing something. Could you guys take a look at my spreadsheet and...
I was reviewing a document online here and it talks about how the newest version of the FICO score factors in rent payments into a person's credit history. From what I can see this new version of the FICO score was r...
Hey guys! Came across an article today that was pretty fascinating. According to the Toll Brothers CEO, Douglass Yearley, 90% of outstanding mortgages in the United States are under 5%. Due to the recent hike in rates...
Does anyone use price per square foot when calculating ARV?