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I was offered a 4.5 variable rate, closing cost of around $300. The way it is amortized is a little different. If it's under 5k it's amoritized 5 years. 5 to 10k 10 years, and over 15k, 15 years. This seems like a pre...
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I'm considering joining a short term rental development mentorship/ mastermind (i.e., building, not buying STRs) that helps students through the process of picking a market, finding land, navigating zoning & permi...
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Hello contractors! I'm a real estate investor and software guy who is looking to understand the most painful part of your day-to-day jobs. What are the things that you grit your teeth through? The necessary evils? The...
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I need some help from the community on recommendations. As a new investory, finding funding has proven very tricky. I've allowed myself to start analyzing some deals, but without getting funding it's very difficult....
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Just curious but I was talking to few of my friends who invest in real estate but they are mostly investing in the city they reside or neighboring states. I have done couple of investments in the city I live in. What ...
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I'm currently working on development plans for two small office properties, one in Annapolis, MD and one in Washington, DC.
Cap rate on both , conservatively, would be approximately 7.2% ; that's at my sell p...
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I wrote this a couple years ago for another audience and from some of the recent posts I have seen, I dug it up and figured I would share it here. The information is just as valid today as it was 2 yrs ago.
I recent...
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Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
Hello everyone,
This is my first post, I've been a reader for about a week and now ready to ask a broad question. How should a first timer invest $80k in real estate?
First I'd like to thank the regular contributors...
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Hello,I am having a hard time running my numbers for STR investments, because I don't currently trust AirDNA. Depending on the neighborhood or city, I am finding some significant revenue pockets that make the number w...