I've been thinking a lot about buying a condo unit 2bed 1bath and using it as a rental unit but the numbers don't work and I'm left wondering what sort of investors actually make these purchases and how it makes sense...
Looking at buying my first piece of property and finally found a condo I like in a great location, under budget but the HOA is stringent on rentals (all leases must be approved by HOA, approval process seems lengthy a...
I've been searching around the Yonkers/New Rochelle and Stamford/Greenwich area and the cap rates are incredibly low; almost not even there. I am seeing 1% - 3% cap rates in these four cities. What gives? How does one...
We just finished a flip that is listed on the MLS. We decided to also offer it as a Lease with a 3-year option to buy. Having never done one of these, can I get some feedback on how we structured the option and pose...
sorry duplicate post
Hi All,
I have been looking at some properties in Los Angeles (Long Beach) and I keep coming up with calculations that yield me barely any cash flow. [they are 3-4 units] My question is, is this to be expected in LA?...
What happen if you don't find a buyer when you have the contract sing by the seller? and what to do?
I am under contract on a foreclosure and scheduled to close in 3 days. A week ago, I went to the property with my agent and a contractor and we realized that there was an attempted forced entry. The door had been brok...
Hello,Complicated situation here and long story. I am in a long term relationship with an abusive person. Last August I secretly was able to pull off the purchase of a condo that would be my escape route. I have kid...
Recently, I came across a motivated seller of a retail/ office space. I attempted to lock the property in contract/agreement. The owner did not want to be in contract, maybe because I disclosed that am I'll be looking...