I just closed on a big building, and one tenant had mentioned to me that a window is falling down, and doesn't stay open. that was about 2 weeks ago, I told her that I took over the building with numerous problems (...
New to buying and selling notes. Is there a general rule of thumb on selling partials for performing and NPN and Sub-performing notes. Which partial strategy works best for the above note class. Looking at just sellin...
I found an area that has good schools, low crime rate, convenient amenities nearby but no multifamily properties in the area.....like, at all. Is this a business opportunity? Other than getting permission from the vi...
I live in Southeast Michigan and my SFR is back home in Upstate NY. When I was there back in mid May, I went to inspect the house and the tenant told me that the lally column had rusted out at the bottom, so he cut...
So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
Hello, I am pretty comfortable evaluating deals up to 4 units and have a have some experience with how the expenses run for these.A great 10 plex just came up for sale by the bank, and I am curious how my analysis mig...
Hello! I just put my first property under contract! A 4 unit, and am having the general inspection tomorrow, trying to get a structural engineer out ASAP to have a look at this but I figured I'd try and get your opini...
I have decided to go with a military family to move into my first rental property. Everything went good with the showing and also looks very good on paper. I have ran the TansUnion Smart Move checks on them and i rec...
I am looking at a 6-plex and I am trying to figure out what kind of offer I should make. I am also trying to figure out what the ARV will be. I have several comps with in 2 miles in the last year but this is the fi...
I went on a road trip today to look at a couple of 5 & 6 unit properties about an hour from me and came home with a duplex. {Well actually, I left the duplex where it has sat for the last 80 years and just brought...