Background: Last week Arbor Realty Trust foreclosed on four apartment buildings in Houston. The Unpaid balance was $229M and the sale went for approx. $197M (15% discount). The borrower had short term bridge debt on e...
Couldn't find a place to put this post, so I thought I would stick with Commercial since we do Self Storage and this is one of the benefits of being in Self Storage.Will take you through our Belize adventure ( its an ...
Straight Outta Stockton - Anatomy of another Stockton “Deal”In a previous post I made some bold general statements regarding how hard it is to find an even halfway decent deal on the MLS in Stockton, CA. As a sort of ...
Newbie here! I have my first investment property under contract and have a list of items I will be working on upgrading before renting it out. The roof currently has two layers and IS NOT leaking but does show signi...
Moderators please remove if not allowed: Hey everyone, We have a recently vacant home in indi that needed a quick turnover for next renter. Our PM’s preferred vendor send us this quote. Looking at the prices , along w...
I inherited tenants at a duplex I bought in February. Both units had low income racial minority families with school-aged children. (Race is relevant because I'm white, and there's a well-publicized issue in Portland...
Hi Everyone!My rental is available this coming August and I've started talking to applicants. I have scheduled with my current tenants a day to show the house to several interested people (Open house by appointment on...
My friend just purchased a foreclosure. He's fixed it up and is now placing it back on the market to sell. He thought he was about to get an offer but when potential buyer called insurance agent, they told her it...