Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...
I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...
Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...
I am in the early stage of selling a multifamily with a net proceed of around $750,000 in a 1031 exchange looking for passive investment strategies. The OC market where I live seems very competitive and I was wonderi...
Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...
Hello All,
So I found my first deal! Kept driving by this house that showed the signs and finally got the nerve to speak to the owner. He is an older man (so sweet) who just can't maintain the property anymore. Now h...
Picked up a four-plex for my first hold. It's pretty rough, C neighborhood at best. Two lower units wrecked, one vacant one occupied. Two upper units are perfect with great tenants.
So, tenants in unit 1 are selling...
http://sfist.com/2017/03/06/david_chiu_rent_contro...Make sure to get out and vote. Also contact your local reps because this is going down.Reach out to your local Apartment Associations, Your local brokers/ RE agent...