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Hello,I am analyzing a commercial property shopping center to look into going in with a partner. They property is currently set at $850k and 100% occupied with long term leases. The net income at $82k. Looks like the ...
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Hi BP - I'm looking to make an offer on a MF - my first purchase ever. I'm wondering if my inputs/estimates are accurate, bc I can't seem to get the cashflow. Asking price is 399K. Note that I am in the NY tri-state, ...
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Hello I am here to buy and hold a few sf homes as a side project/new career entry. I am especially interested in negotiating homes in the preforclosure process, or maybe note purchases. I see some guys (likely members...
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Hi all! I am currently closing on my first rental deal! It's a 2 acre, 3 mobile home unit property with all three units currently rented. I just found out that one of the current tenants is a registered sex offende...
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I'm a member of a partnership that purchased several four-plexes last year. I have reviewed my CPAs draft tax return and they have allocated 25% of our purchase price to land value and 75% to the buildings. Therefor...
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Interesting article from Working Real Estate Magazine about the origins of RE Disclosures.
Agent Disclosures and "Reasonable Diligence" - The Lawsuit that Started it All
by Isaac Peck, Editor
If you've been a re...
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Hello. Hoping to get some opinions on this. I think these people are ok, but just want to get feedback from some of you more experienced folks. I’ve a very logical person and hard to impress. Screening people has been...
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Hello,Looking to become an investor in the Scranton, PA area. I live locally.My initial plan would be buy/hold duplexes and eventually larger multi-unit properties in the suburbs around Scranton, such as Dunmore, Dic...
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Hello Everyone!I am new to the rental property investing but I am looking to get started soon! I am currently serving in the Navy and will be heading to Newport, RI for more training. This training will be 6 months lo...
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Hi All! I made a cash purchase of a property. I was represented by a realtor and the seller's relator had advertised the property as Fee Simple in MLS. The property is located in Baltimore City, MD.
Typically, if you...