Sankalp Gosain
Too good to be true..but where's the catch?
Hi all:
I've come across a deal on an old, 20-unit Sec 8 building being sold at a 19% CAP rate according to listed numbers. Seems suspiciously rosy, but until I can figure out what's wrong with it I'm drawn...
Greg C.
Preparing an Appraisal Package
I'm currently putting together a package to give the appraiser on a home valuation.The Home was a foreclosure that was basicly ripped clean when the former owners left and we put a significant amount of money, work an...
Adam B.
Viewing a home that has not been occupied in 3 years
Hello! I am brand new to real estate. I am going to view a home next week with my agent. If all goes well with the property, I plan on buying, moving in and renting out the extra bedrooms for a year or two. Eventually...
Aaron W.
Considering my first property - is my thinking here reasonable?
I am likely to be gifted a very small SFH in a small city in a rural area, 2/1, 780 sqft with a large garage/outbuilding. Population is roughly 60,000 in a 10-mile radius with a similar community next to it, 30-minute...
Aaron Holowaychuk
First Deal, Big Project
I have had a deal under contract for the past month. The home is a 2 bed 1 bath, 1144 sq. ft. rancher with accessory dwelling unit of about 900 sq. ft. The ADU is not in the best shape, but is rented out by a taxider...
Cody Gray
Appliance repairs in regards to House Hacking
I'm currently drafting my rental agreement to be used for a property I am "house hacking" (renting out rooms of the house I am living in), and am curious what I am allowed to hold my potential tenants accountable for....
Joshua Burke
How much would you bid for this Distressed Multifamily Deal
So our company is considering a move on this deal in Chicago. It's 12 condos within a 14 unit building. There is no HOA in place. 11 of the 12 are rented - $1700 on average. It's is a very good and improving locati...
Steve Saxz
Need some advice on investment property
Hello,I am an amateur investor and have an opportunity to purchase an investment property and need some advice from seasoned investors to let me know if this a good deal. Here is the pertinent information:2/1 CondoLis...
Kate Li
Should I go through 1031 Exchange?
Hi,I own a 4 family house where I lived there for more than 6 years. Then moved to another state in the past 1.5 years. I want to sell this house and it’s 1.4mm. The purchase price of the house was 700k and has around...
Jonathan Shaw
Solid property with foundation needs help
Hi BP,Looking at a potential investment property in the Williamson county region just north of Austin. I know that many existing homes in the area have at least some settling of the foundation given the soil. An inspe...