Sue T.
Rule Of Thumb Operating Expense for Retail Properties
Hi,
Is there a rule of thumb for operating expense ratio for retail (non NNN) properties? What if the owner is only responsible for roof and structure? Is there an "average" estimated vacancy loss that you use to e...
Troy Durrette
Need cash out of a FREE and CLEAR property
I have a friend (Potential Private Money Investor) who owns a house free and clear with BAD credit. How can we get cash out of the situation. I was thinking less money than more, however, if it can be done, and its a ...
John M.
2nd Foreclosing Sub2 1st -- amout due on 1st???
I'm looking at buying a property at the upcoming auction. The 2nd is foreclosing and the sale is subject to the 1st mortgage. Is there any way to determine what the payoff is on the first mortgage?? I know what the...
Nathan Roberts
Converting Primary Residence to Investment Property
I converted a property from a primary residence to a rental located in California in 2022. The date of conversion is 5/29/22 which reflects the first day it was advertised online for rent. After listing for rent, I st...
Morris Lucas
Vacant REOs, useless?
Do most investors ignore vacant, overgrown grass , REO properties with code violations and tax liens? Have one that's been that way for a year, wondering if only strategy is offer the bank to buy it cash?
Account Closed
California SB 978
Anybody familiar with this new CA law that starts Jan 1, 2013?
Sounds like when you sell a trust deed investment you have to make sure the buyer is “suitable”, if it is determined they are not you can be subject to s...
Josef T.
Real Estate Savvy Lawyer in DMV Area
Hello,We are currently having issues with our property manager and current tenant regarding on-time rent payments and overall inadequate communication practices. Despite our best efforts, we have not been able to res...
Vonetta Booker
Buy/hold refi cash-outs only when getting $$ back?
I'm looking at possibly purchasing a buy/hold that's priced at $35k. With about $20k, I'd be all-in at about $55k. However, the ARV for that neighborhood & type of 2/1 rowhouse is only $60k. With a typical invest...
Zach Liu
Atlanta Housing Market 2007 - 2014
I pulled data of all single family home transactions from 2007 - 2014 in these four counties - Dekalb, Cobb, Fulton, Gwinnett, which forms the core of Atlanta Metro. The data has about 300,000 records, and the fields ...
Richard Arden
Making probate notices work
I am looking for a way to source motivated sellers and I am leaning toward probate. I am trying to decider what little info I get from public notices into GOOD use able leads.
Here is an example of a recent notice.87...