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Hi. I found a property listed on the MLS for $650k in need of approx. $150k in repairs. The property was an historic property in my area that needed lots of work including a new roof (existing was just paper for over...
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So when analyzing potential investments in the flood plain, do you just factor in the cost of the flood insurance? Assuming two properties are in the same part of town, but one happens to be in the 100 yr floodplain a...
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Hey all,
Does anyone currently (or recently used to) own a vacation home in OBX (Corolla more specifically) that is willing to speak to a few items and general feedaback:
1. Vacation renal income norms over the last...
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Hi BP,There is a small three tenant retail building in an A location that I've known for a while and noticed the tenants suddenly up and moved out. Not that they went out of business, but pretty much just moved to loc...
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Background and Current SituationI currently own a home in Clovis, CA with $472k owed on a $487k mortgage. My total payment is $3500 (including escrow); it could rent for around $2700. The property is in a prime locati...
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Why is it so hard to raise capital these days? I have been talking to investors and discussing my interest in raising capital and I get the same response "Capital is tight", "no one's lending right now", and "Why woul...
Hello folks,can you explain rent to own with an example?
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Hello,Does anyone have advice to give on how to properly insure yourself when flipping a property? Specific companies? I believe this is different then a builders risk policy?
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Investments should primarily be made based upon your financial goals, your stage-in-life savings that you have, your risk-orientation and so on. But at the core of it all, you are looking for the best return for the a...
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My partner and I are looking at a 100 year old apartment building. It's in a great location and under market rents. We are a lot of potential to update apartments and raise rents to market. The buildings have a good a...