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So quick story.. I recently found a duplex in my area (Long Island, NY) that was exactly what I was looking for for an investment property. It was in exceptional condition and needed very little upgrading, except for ...
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I've been pushing pretty hard to get my first deal trying to wholesale. Most agents I talk to have been willing to do a dual agency I came across one that wouldn't so they gave me someone in there agency no big deal ....
Fannie Mae announced a record year for its small mutlifamily program ( 5+ units). Freddie Mac had an equally succesful year.These programs are geared to experienced real estate owner/landlords. ( Single family experie...
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Looking for input on financing structures for a 20-plex. All units are rented and I have P&L and detailed expense list, rent roll, etc.I'm experienced in 1-4 unit residential, but this would be my first larger mu...
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Does anyone have a recommendation for an insurance company that will write a policy for a CA property?I'm buying a duplex to house hack, but I've contacted a few companies and all of them said that they are not writin...
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I'd like to get a sense of the value of having a high visibility office location for a residential RE Agency. I'm looking at a location with good visibility along a street with 30,000 vehicles per day. Half a block ...
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I have a new tenant who is turning out to be a total pain in the you know what. Adult couple and kids who began a lease only a month ago. The unit is very large, was just partially renovated and repainted before the...
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I've been searching around the Yonkers/New Rochelle and Stamford/Greenwich area and the cap rates are incredibly low; almost not even there. I am seeing 1% - 3% cap rates in these four cities. What gives? How does one...
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Some realtor's are investors. Some investors are realtor's. Some investors are simply investors.This week I've made several attempts to contact realtor's about their listings and responses have been noticeably delayed...
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I wasn't surprised when I stumbled upon an article in my news feed this morning titled "Realtors 'Running out of Money'." It sheds light on two critical issues affecting the industry.Read article here.
Firstly, t...