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I have a motivated seller who wants to sell a 4-Unit apartment complex in a small town outside San Antonio, TX. The county appraisal value is $350k.Each unit is a 2/2, and brings in $750 per month in rent, 3/4 occupie...
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Hello,I currently own a vacation home in Phoenix that I use mostly use for personal enjoyment, but I also do to short term rentals (STR) through AirBnB and VRBO to offset some of the costs.Since I use my home mostly f...
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I looking at a property and the owner lists it at a 12% cap rate. I did my math and the real number is closer to 8%. The property is class B or C. I am new to this, but it isn't prime and isn't terrible either.When ...
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What is the best way to determine the value of a land locked, vacant parcel adjacent to mine. It is a heavily wooded lot, about 3/4 of an acre. There is no direct access to it (which is probably why it has not been de...
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No matter the stage of the market, there’s always reasons not to invest.
- Prices are too high
- Prices are falling
- Interest rates are too high
- My Cousins, Mothers, Sister told me that Real Estate is too ri...
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What are my options to get out from under an asset that had a major fire, where we had no insurance?This asset (now a liability) is owned under a self directed ROTH IRA.I know there may be follow on negative consequen...
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I'm having to file my first insurance claim in 15 years of owning 8 rental properties. The tenant accidentally left the water on in an upstairs bathroom sink that was clogged (never notified me). 5hrs later when retur...
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I have some lots on Lake Padre on North Padre Island that have had the land already developed, bulkhead, utilities, roads in place a five minute boat ride to Gulf of Mexico. The lots are about 300 x 50 on average and ...
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As of today, Decempber 7th, 2020, Fannie Mae and Freddie Mac put out new Resort Condo Guidelines that determines if a condo project will be considered ineligible for their standard financing options. From the rough o...
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Hello to all! I am a member of the U.S. Navy stationed here in Newport News, Va looking for a great opportunity to expand my real estate knowledge as well as find a second source of income. I am ready and willing to d...