Bob Romano
Need help on Commercial numbers
Hey guys, need some help on valuing a commercial bldg I'm presently renting now, with an option to buy. Here are the numbers:The asking price $2 mill, has an NOI of $212,000 a year. This would put it a 11% CAP rate. M...
David Stone
Our second investment: the McCleary house
Investment Info:
Single-family residence buy & hold investment in Mccleary.
Purchase price: $25,000
Cash invested: $25,000
Remodeled inside and out, this open-concept home features three bedrooms...
Mia Tam
Flood risk factor
Hello,First time buyer and have interest in a property.But, on some websites a section "Climate Risk" indicates "Flood Risk" with
rating of 6/10. All neighboring houses around this house have a rating
of 1/10...
Ben Skove
HUD not on MLS
Hi everyone,
There's a property that I'm interested in that's listed on hudhomestore, but not on the MLS. It's just gone to extended status today. While I understand that this sometimes happens with houses in...
David Lukas
Strategies for selling my LR1 lot for development
So, we bought our dream home in north Ballard (Whittier Heights) in 2014. However, we were upzoned to LR1 last year, into the Crown Hill Urban Village, along with the adjacent block. Our area of Whittier Heights predo...
Marlon Messer
44 unit value add apartment complex with owner financing
Investment Info:
Large multi-family (5+ units) buy & hold investment in Orange.
Purchase price: $1,500,000
Cash invested: $400,000
44 unit apartment complex built in late 70's and early 80's with...
Brent Paul
How do I decide whether to sell my house or keep it as a rental?
I have owned the house for 3 years and with all the building around me I have seen tremendous growth. Recently I spoke with a realtor and they said they would list it at 220k which is way more than the 170k I still ...
Henry Lazerow
Little Village 500k 2 unit building? Interesting trend
I noticed an interesting trend, recent crazy ARV prices for Little Village 2 units especially on east side. These prices are 100% higher then 1-2 years ago when you could get a gut rehab 2 unit there for under $300,00...
Joseph Shin
Does househacking work in the GTA?
Quick look on the MLS shows that multi family housing prices start at min 500k for a terrible condition home.Ideally I would like to buy a duplex or triplex as my first property out of university but saving enough for...
Elisabeth Hernandez-Madrigal
Appraisal Came In Lower than Asking Price
Good afternoon everyone!Property: Original sell price $52,500, negotiated price down to $50,500.I am in escrow on the property (Purpose is Lake House Vacation Rental).My question is this, we just received the apprais...