Joe Splitrock
Amazon Confirms Long Island City and Crystal City
It is confirmed Amazon chose Long Island City and Crystal City as number one and two for new headquarters. Let's track prices in those markets to see what happens.
Amy Van Ollefen
Confused about LTV for Hard Money
I've read a lot of posts about this, and am still a bit confused. If I am purchasing property that the asking price is $99500 and the appraisal is at least $155K which makes under 65% LTV, if I am getting a hard money...
Joe Butcher
Free and clear: Cash offer or seller fin.?
Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
Account Closed
Where is best area of country to buy income properties?
Hello, I live in NY but open to any area of the country. What is the best area to invest 100k in capital in income producing properties? I know this is a open ended question, but where do you see the best returns?
...
Dylan Thomas
Seller being way too emotional?
Tell me what you think. Is this seller way too emotional? Asking price $192,000. On market for 5 days. 3 unit building. There are 3 water heaters, ALL need to be replaced. There are also 10 windows that ALL need to be...
John Roberts
Is this mortgage fraud? Would this lease be legal?
I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...
Conor Livingston
Loans vs all cash deals
My goal is to produce $3k/month profit from rental properties while spending less than 1hr/week on management (e.g. engage a property manager).
I could buy a couple properties in cash, or buy several properties with ...
Steve Walko
Classic debate: Pay down student loans or begin RE investment?
Hi everyone,I'm wondering whether my fiancé and I should begin to pay our debt down ASAP or begin investing in RE. I know there are intelligent arguments on both sides of this issue and that it depends on the details ...
Shawn M.
DEBATE: Cash Flow vs Cash on Cash return
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Mark R
Anonymous Landlording
In the past my tenants knew us as the landlords and owners. They'd call us if they had problems and issues. In the future we are going to take the advise of others and stay anonymous as much as we can.
Do you guys w...