I don't talk much about my deals specifically but I just closed on my largest one. 360+ unit multifamily in an "A" area of inner loop Houston. Ended up with a 75% LTV loan, 3.8% fixed for 7 years.
Pushed me over th...
Investment Info:
Single-family residence buy & hold investment in St. Petersburg.
Purchase price: $150,000
Cash invested: $35,000
SFH near downtown St. Petersburg and close to the Tampa Bay Rays ...
is it wise to invest in condos? Only thing that shys me away are the fees. But I've found a few with very low monthly fees. What are everyone's thoughts ?
A property's operating expenses are those that it incurs on a monthly or annual basis and are considered regular and continuing. Expenses like this include things like property taxes, insurance, maintenance, administr...
There is an entire article on CNN.com about this, but I have to be honest I didn't read it. I just saw the chart.
MCCAIN OBAMA
Income Avg. tax bill Avg. tax bill
Over $2.9M -$577,148 +$699,872
$603K and up -$109,...
Hello to anyone who reads this, my name is Mark and I currently reside in the home I bought a year ago without thinking of investing in real estate. Originally, this was simply just to get out of the rental scene and...
My dad owns a corner property with a kwanzaa hut styled building in Ontario, CA. He has 4 small retail units rented and a fairly large area behind the shop that is unused. My dad still takes checks as payment and has ...
Hypothetically,Let's say a mentor of mine is selling an 11 unit, well kept, and deleaded for $2.2M asking. You, as a savvy investor know this is an option, but strapped for cash. You take into consideration this fact ...
What metrics should I be looking at to identify a good multi family property? Appreciate the help!
I'm about to close on my first multifamily property in 2 weeks! I am buying the property because it is a growing area and current rents in 2 of the 3 units are much lower than they should be, but the catch is that all...