Hey fellow investors,I recently purchased a note from the FCI Exchange, but come to find out there is no pay history, and FCI Services will not service a NPN without a pay history. I attempted contact the previous not...
The Real Estate person was a friend and she was handling both the selling/buying verbally she told me the price was 125,000 then when it was written up the price increased to 170,000. This is mixed use property comme...
What makes a HOA good, versus not good or stay away from?
Im very well vetted in large multifamily investing and have a decent portfolio of a few hundred units. I am currently looking to diversify my income stream and am looking at certain retail and fast food buildings for ...
Hello all. I have an interesting deal I'd like to get your opinions on. A broker sent me an OM on an apartment building that was converted to student housing a few years ago. The owner's an older man with some health ...
Does stashing away for vacancy really mean anything? The idea behind stashing for maintenance and Cap-Ex make sense, but for vacancy, say you start out with a new rental, and you put away 3-5% for vacancy per month. L...
All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, fr...
Hi, I am new to this forum. My question is what is your average net income per door? Excluding mortgages/loans.
My tenants moved out at the end of the month because I would not renew their lease. Problem is that they left lots of things that they say they want, but have not come back for. New tenants are asking what to do with ...
The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...