Found a 12 units listed for $595,000Rent collected $79,920/yrExpenses : Tax - $ 3299Water : $ 4736/yrWaste : $ 1320/yrElectric : $ 12,240/yrTotal Expense : $ 21,595I'm new to this and trying to grasp as much info as p...
The last 15 years we have seen low rates for short and long term debt from private to public borrowing. My understanding is that this was a response to the Great Recession and that investors didn't allow rates to hit ...
I have an upstairs unit in a duplex and my tenant just texted and said there is no hot water, she said it gets slightly warm but that's it, there is a separate water heater under the cabinet in the kitchen next to the...
Hey everybody, Ive got a question about a deal I'm looking at in Royal Oak MI (48067 / 48073)...Here are some of the specifics...This would be a tear down/ re build deal. ARV is about 500k given a 2500 sqft new const...
Hi All,
I am looking to put an offer in on a duplex and need to determine what my ARV would be. The duplex was built in the 60's and is located on an acre of land in the area's prime school district. Across the stre...
So my I browse a lot on Zillow and always see some ridiculous prices but then other prices very good. But I was just wondering about the zestimate and what they think the homes price should be are these accurate in an...
Hello everyone. I have acquired approximately $150 - $200k that I would like to use to invest in real estate. I prefer multi unit properties but would consider single family homes if the deal is right. I am looking ...
Can someone give me advise on how a Land Contract works on 3 unit property? I have someone that wants to buy my Tri-Plex and pay more than my asking price with this method.
Hey guys,Is it just me or are these closing costs high?Closing costs of $15,000 on a $150,000 mortgage? Thoughts?
I have a potential sale in 2018 of commercial rental real estate consisting of a building and land. The date of acquisition of the building and land was 3/1/1985. The building is fully depreciated, and I am confused...