Hello everyone. I'm looking into purchasing my first investment property in south Texas and came across one that I'd like a second pair of eyes on. If anyone is able, I'm looking to see if I'm missing anything in th...
I am currently looking at a couple of commercial properties in northeast Ohio. When it comes to the closing costs who typically pays what? Has anyone ever successfully negotiated that the seller pays the closing ...
Is there a basic formula for find out if a property is a good investment or not? I am looking at a few places that look to be under market value and have minor renovations. The one is a two family home. I am lookin...
Hello - this may be a newbie question but from reading the various articles on BP and Investopedia, my understanding is that Net Operating Income (NOI) is defined as operating expenses required to run and maintain the...
We have a few meetings coming up over the next week with some prospective private lenders. Thus, I'm in the midst of putting together the finishing touches on our program.My question, is how do I go about figuring ou...
Hello all, first time poster here. I am a small investor in the early stages of my REI career. I have come across a multi-family deal that I wanted to run by the forum as a potential buy and hold earner. The proper...
I'm in the process of getting a landlord insurance policy quote. The rep on the phone says their landlord policy doesn't require a landlord to screen tenants. I'm a bit surprised - if I were the underwriter I would se...
Hello! We are new in this commercial multifamily investing and are currently presented a deal in New Castle, PA. We have little knowledge about the area and hope to get some advise from your local pros/investors rega...
Hi FolksI have a duplex in CA and the lease requires the tenants carry a renter's policy. Recently there were some maintenance issues that required they vacate the premises and stay in a hotel. I've agreed in principl...
Alright, here's the delema. I bought a condo on a ski mountain last year for 304k, owe 273k on it. My family needs to upgrade to a bigger home, we have an FHA loan ready for 3.5% down. We have the money for the dow...