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I am slowing learning all I can about Real Estate and have heard of 'yellow letter' campaigns. My parents own their house free and clear and actually received one of these letters in the mail. I am wondering what is t...
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My property manager retired and sold my account to Leria Group. Leria Group, while bigger, has been only a marginal property manager. Several months after the fact they send us a contract with a 12% rate and $50/...
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Hi - When hitting 200 units, what processes/systems changed? I'm noticing hitting 60 units a few things ie. hiring a personal property manager under payroll keeping costs fixed etc. I'd like enlightenment regarding ...
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I currently own raw land that is worth roughly $170k that I bought for $120k two years ago. Can I sell this land and buy two rentals using a 1031 exchange or must it be a one for one swap?
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I just discovered that Freddie Mac recently began allowing property title transfers to an LLC after an amendment to their servicing guidelines, effective on 10/20/2021. Until now, only Fannie had allowed LLC transfers...
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What am I missing? It seems like Sarasota / Tampa real estate is half of Boca Raton / Fort Lauterdale? I understand its like colder there in January / February - but aside from that why are the prices so much cheaper?
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Forward
The post you are about to read is based upon a factual account of a property condition assessment (PCA) recently completed for a commercial real estate property consisting of a multi-tenant industrial office ...
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I was browsing some notes.
Came across this one.
LTV Ratio:
51.990%
Original Loan Amount:
$33,000.00
Principa...
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Short Sales Plan closer to finalization
According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...
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Problem...... - Utilities From HELL!!!!My client has the property from hell, with an old-school forced air furnace.....I was able to get them great tenants at a great rate..... only to find the blood sucking heat drai...