Damian Baynes
University building on my property
Hello all,
I have an unusual situation. I own a property in an area the is undergoing a lot of transformation. It's a college town and the university has bought almost all of the houses surrounding mine. They recentl...
Rahul Gupta
Commissioner’s Adjustment for Airbnb in Chicago
TRying to figure out what all needs to be done in order to convert a SFR (Non owner occupied) to an Airbnb in Chicago.After doing a lot of research, we understand that we will need to get the business license and chec...
Brian McCabe
What are we missing?
I am an agent in NJ. Here are the basics of a deal that I recently discussed with a client.
The asking price for a 9 unit, mixed use property in good condition is about $1,500,000. Gross income is approximately ...
Karen Alexander
Buying Manufactured homes
Has anyone purchased mobile/manufactured homes to fix and flip?
Account Closed
Elm vs Jefferson for first rental!
I am looking to buy my first rental and would like a bit of help on which one to go with. Both properties have expenses of $1900 (includes the 5% and 10% expenses) or so and I am responsible for water/sewer only. I wi...
Khaled Seirafi
Refinancing in TX; Is it more challenging?
Hi all. I was just speaking to a loan officer here in CA about the idea of investing in TX. He mentioned that it's unusually difficult to "pull money out" of an investment property (I believe he meant to refinance) in...
Orin Hall
Advice for Newbie: Pre-foreclosure Deal Landed in my Lap
A pre-foreclosure deal landed in my lap recently. I am just getting started so I am looking for help in determining the merits of this unusual opportunity… or maybe not.
The property…
The current tax assessment is $...
Andrew Bernthold
Look to Connect In Columbus, Ohio
Im new to Investing and have not yet purchased an investment. Im looking to connect with people in the Columbus, Ohio and surrounding area who have a proven track record in RE Investing. Im willing to help out with fl...
Austin Soros
How much capital do you aim for when embarking anew?
When starting a new real estate project, how much seed capital do you prefer to save prior to carrying out concept, and why? Regarding the down payment, do you have a specific percentage you prefer for an unusual reas...
Robert T.
Question regarding locking a mortgage rate
Hi,I am in the process of getting a 30 year mortgage for a rental property(20% down). The current closing date is 4/21/2017. Today, I was asked if I want to lock in my interest rate. I was told it would cost $1644...