Robert S.
commercial building
there is a comercial building that was appraised 18 months ago for approx. 780K. due to a distressed situation it is available to be purchased for 300K. it currently has 4 tenants which generate 4,200 per month and th...
Akkiemaj Frederick
How important is the homes worth/value when buying?
Im looking to purchase a 4plex built in 1895 for 90k but relator.com says the home is worth about 55k.Will the home value being lower than the purchase price cause issues like trying to refinance later?
Steven Andrews
Need STR lender that overlooks debt to income ratio
Looking at purchasing/financing a couple of STR vacation rental properties. Only issue is debt to income ratio is getting high due to primary home and financed rental property ownership. Does anyone know of good lende...
Adam R.
Based on Depreciation, how much did this seller pay?
I’m looking at a mobile home park and they provided the income statement. Based on the depreciation amount listed, I’m trying to determine how much the seller paid for the property.
Depreciation amount was $60k per y...
Andrew Glenn
Area demographics for investment properties
As with any purchase, due diligence is key. The big ones, such as neighborhood quality and home value are taken into consideration. What demographics do you use when analyzing a property? How important are they in you...
Jessica Martin
Please help me understand Cap rates
Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...
Kimberly Nkanu
Abandoned Properties in Doswell, VA
I drove for dollars today and located a list of abandoned properties..They were all built in 1920 and earlier in Doswell, VA and complete reno's. Should I check to determine if they have tax liens; then send letters ...
Joel Bowen
Determining Rent Value of Residential Multi-Family Units?
When purchasing a residential MF property, what other types of properties am I comparing the MF property to so that I can determine the rent value of each unit? Am I mainly focusing on apartment units that are in a ce...
Angel Pedroza
How to find prime land to develop in Miami?
Some of my developer clients are very focused on prime land to develop in Miami near the water. There are very few that I have found and I’m still looking but there is less and less land to develop.
What is the best...
Srikant Puvvada
Investing single family or duplex?
Hello,
Could anyone share their experience in investing in a new construction single family home or duplex at below cities as far CAP rate, cash flow, rental income etc:
1. Abilene, TX
2. Willis, TX
3. Conroe, TX
...