I am looking for advice on a REO in southern California I am looking to purchase. I have negotiated a purchase price of $250K for the home with comps going any where from $280 - $320 K.
My financing consists of a $20...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $330,000
Cash invested: $82,500
This buy and hold duplex is located in Fayetteville, AR. These are hard to c...
I’m living with my tenant who said she works at a mall the first time I asked her where she works. Second time I asked she said she works at a restaurant and specifically said she works night shifts and evening shifts...
Hey everyone! I am amidst a flip in South Central LA where the average days on the market are in the 60's. Obviously selling the home *for sale by owner, saves me the commission and gives me more profit. Does anyone h...
Our close family friends inherited the father's house, but it needs significant renovations. They are unsure of the scope and cost of the repairs. They would like to keep the property, but we're uncertain if it's fina...
Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
Some very interesting data to share with you all on April rent collections across the US. One of the factors that particularly caught my attention was the impact of agriculture across several of the markets. In your e...
Curious as to everyones thoughts on the current macro market condition. I realize every market is different , but downturns do happen across the country, affecting all properties to some relative degree. I've put...
Take these California Malls ---- Eastmont Mall - Closed (Oakland); Carousel Mall - Closed (San Bernardino); Laguna Hills Mall - Closed (which was featured in BACK TO THE FUTURE); and the Village at Orange - Closed. T...
With the recent report of large national tenants (Cheesecake Factory, Mattress Firm, Subway, etc.) already announcing that they will not be paying April rents, what will be the long term impact? It sounds like some o...