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I can easily search LoopNet and search for commercial properties with high listed cap rates. But what about finding properties that have room to improve?What identifying characteristics should I be looking for?
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Hi BP,I apologize for such a basic question.. I've found a property that I've qualified through my own analysis: the price is right, 100% occupancy, and it cash flows nicely with 20% down. But the realtor says it's "n...
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I purchased a property in Dade County in 2013. The property was on the same parcel as another condominium building.The purchase contract stated this in the additional terms-“Seller, as a condition subsequent to closin...
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Hello Everyone,I recently purchased a townhouse in the Outer Banks and am having some issues with the HOA regarding maintenance on the exterior of the property. It has cedar siding that is rotten and needs to be repla...
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Hi ,Here's my situation - perfect property meaning its within the budget, house is solid, location is safe and potential for growth and most importantly the number crunch seems to be on the favorable side ( I hope )! ...
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I am almost under contract on a property here in atlanta please read details and let me know if you see any big red flags.Price: 70k 25% down plus closing cost will have me around 19,900 out of pocket2bd/2bth current...
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Economic Update
(Monday, March 15, 2021)
Almost exactly one year ago, March 11, 2020, the World Health Organization declared a “Pandemic” for the first time in a hundred years. Look at all that has happened in th...
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How does the bank know if you are fulfilling your one year owner-occupied requirement? Does this change if you move out but don't actually have a tenant until after the one year is up?
I'm not saying I am going to d...
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Hello,
I’m an investor from Atlanta looking to dive into the Florida market. My husband is from Orlando but been living in Atlanta for over 15 years. I recently received a deal that I’m very interested in Pine Hills...