It's a property in NYC (Brooklyn) that the owner asks for 5.2m but it won't sell because doesn't make any sense, NOI is 27xxx, 18 units + 2 retail. Even if someone put down 20% and financed 4,160,000 it would still ha...
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Hi all - I own and manage three duplexes in the Boston area (Medford). I have been cautious about raising rents as I try to maintain goodwill with the tenants. It's been less of an issue with my first two properties w...
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We have been working on getting a park under contract for months now.. the owner is definitely interested in selling but we are apart on the price mainly due to the fact that almost 3/4 of the 105 spaces are Park Owne...
Disclosure: Please let me know if this topic is in the wrong forum. The following information is on a hypothetical basis that can be applied to a real-life scenario. Scenario: 1. A new investor appears, let's call him...
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I have an unmarried couple wishing to rent a place I have in Missouri. I have asked for 3x income from each of them. With a married couple I would only ask for 3x income in total. Is this a legal request?BACKGROUND: I...
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I am currently speaking with an individual looking for an investor to purchase his property from him at a discounted short sale (not familiar with discounted short sale or if it even exists) and sell it back to hi...
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So here's Mark’s theory of neighborhoods and leverage through rehabI’m sure this topic has been discussed before but I didn’t know what key words to look for.So, I sell turnkey rentals and what I’m finding is that man...
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For those of you investing in Chicago has anyone done business with Chase Foreclosure out of Chicago, IL?
Account Closed have you heard of them?
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Just had breakfast with an old friend (high school) who has 13 houses, bare commercial land and back taxes.
He is negative cash flow but always borrowed his way out of jams with his equity.
He is foreclosure close ...
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Greeting investors. I've been communicating with an owner and their broker for a very distressed 4plex property in Portland Oregon for a few months. The brokers are not going to re-list the property and the owners mot...