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I currently own 3 small multifamily homes and am looking to jump into the commercial side. My current units are duplexes and triplexes. I want to sell these and purchase a big multifamily. I found an 18 family bulding...
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My initial plan is to have at least 6 months of PITI in reserves as part of my initial expense for a newly acquired property. On top of that, my monthly capex expense and vacancy expense will be added to these reserve...
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http://www.costar.com/News/Article.aspx?id=F8302D370CCDA561253F53A2AD8E2437&ref=1&src=rss
The attached paints an additional scary future for bank failures. One half of the 1.4 trillion in jeapardy in commerci...
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I’m gonna stick to bullet points here, otherwise I might get a little long winded...-roughly 1,000 acre parcel for sale-Land held under an LP/LTD (multiple parcels for sale together)-owners took out large development ...
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Check out Citi's quarterly balance sheet - they're down 120B in assets, have reclassified ALL prior year quarterly/YE balance sheetswithout saying a word as to why.
Heck, just watch the Q3/Q4 blowout of the TARP moni...
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How much reserve capital do you keep in place for your STRs? Specifically when scaling. 3-6 months per property or less once you have 4-5 properties? I’ve typically been conservative, but 6 months reserves for 4 prope...
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This is my first short sale. I put in my offer and it was accepted by the seller. Now, I have to wait until the bank approves the offer. So, here I thought my all cash offer with a 30 day close would be a quick turnar...
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I was hoping to get some clarity on the rent collection functionality of the stessa/rentredi platform, versus hiring a property management company. I'm confused with the potential overlap of functions. I have read on...
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What is best way to find bank owned commercial property?
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Another Bank failure.
The FDIC said, "As of March 4, Freedom Bank of Georgia had roughly $173 million in assets and $161 million in deposits. The FDIC estimated the cost of Freedom Bank's failure to its deposit ins...