We had a tenant up and leave after not paying rent for two months. Subsequently, we just received a notice of violation with the Chicago Department of Buildings that list a handful of exterior items and mold in that s...
I had recently met with a older gentleman in regards to 6, 5 unit buildings we spoke of in the past. He informed me they were recently sold for 1.8m. After building some rapport, he offered a 23 unit brick complex in ...
I've just set up to do a cashout refi with a VERY well known hard money lending company, and suddenly they're pulling a bait and switch on the terms, etc. I'm doing 7 properties which means I've fronted the bill for...
When negotiating a purchase using the sub2 techniqe, What should an investor do if the property owner is already listed the property with a Realtor ?
I have not had any problems with HML's until I ran accross this.
The property has a formally appraised ARV of 170K, loan needed 55% of ARV (this includes all repairs). the HM...
Hello. I first became interested in real estate investing when I heard a radio ad about how to flip houses. This is what I would call my first mistake as I ponied up and spent some money for a 3 day seminar on how to ...
I am looking at a small multi family property that has current rents of $7800 per month, but I believe that rents could eventually be increased to $9200 per month. The cap rate is just over 5%, according to the seller...
Hi BP,I was born & raised on a Louisiana farm, now developing software in Seattle and looking to invest back home. Seattle's tech is booming and Louisiana's oil & gas is in a bust, it seems as good a time as ...
I recently passed my Colorado Brokers exam and am now considering making a career switch into real estate. I currently have a job and am not planning on quitting to pursue real estate full time, just yet. I want to fo...
The “cap rate” is probably the most widely used metric in commercial real estate. It’s a metric that I refer to almost every day when describing or evaluating an investment opportunity. In short, a cap rate is the u...