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I am currently working on acquiring a commercial vacation rental property, which I plan to transform into an 18-suite boutique hotel, complete with a public bar/restaurant and a pool. However, I'm facing a shortfall: ...
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As the government continues to print more money - inflation will be going up and your buying power will decrease. Cost of goods will increase to new highs - look at gas, food, utility rates already. Where will it end?...
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To all you Texas investors out there! I'm writing this to try to get some contacts and first hand recommendations on turn key companies in Texas. I know it is a large state and this is a broad question, but what I do ...
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We were set to close on our first rental tomorrow and at the last minute the sellers attorney is saying our offer won't cover the sellers second mortgage. We are in limbo now. My question is this: if the seller can't ...
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Hey guys,I'm in the process of increasing my rent at one of my units and was wondering how you all handle the last month's rent held and the security deposit. Do you request and additional deposit as well? So if my ...
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Im curious if anyone else had tried this:
At the beginning of a lease, say I would reserve $250 a month into a checking account to build up for Capex and or small repairs. I actually use 10% of the gross rents whate...
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I am in the process of buying my second home as a rental property but the local banks will not provide financing on a loan amount below $75,000. I have several options to buy this home using opm and some of my own ...
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I am a Real Estate Agent and Investor, so I am not just looking to short sale these people's house, so I can get the commission. That is what they said they wanted to do. But they don't have a good reason, in my opini...
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Hello:1. http://tinyurl.com/CRE-Bubble-Burst2. http://tinyurl.com/11-Trillion-BubbleThe above mentioned two articles paints a dismal future for Commercial Real Estate (CRE).I was hoping a learned members here who are ...
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I wanted to see if anyone has thoughts on whether or not the Illinois real estate market is a smart place to be investing given the current budget issues?