In the beginning stages of raising funds for a student housing development project, but am curious to know what are the different methods investors are paid. For instance, do they get paid at the end of the investment...
Hello Everybody. NYC allows you look up properties that have unpaid water bills as well as unpaid taxes.Is it worth trying to contact owners of these properties and offer to buy them? For example, when a property owes...
I’m looking for an automatic rent payment solution. I have used a couple of other vendors. I here good things regarding COZY. Please comment on your experiences both positive and negative.
Thoughts?I have a local property 24 Unit Apartment for about 1.7 million. C class property in higher crime area. 6,439 cash flow/month268 cash flow per unit14% cash on cash9% cap rateGRM 6.4It’s 100% occupied, howeve...
I am a CPA and was just working with a client who sold her mobile home park. Come to find out her security deposit listing was wrong.Tip: Very important when purchasing a property with more than 1 unit to verify the s...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
Hello BP community, I am under contract on my first investment property, a tri-plex in the Fox Valley. The property will not be owner-occupied, and thus I understand "Homeowners" is not the appropriate insurance type....
Has anyone used or is currently using Diversy Fund for investing? They have a minimum of $500 for investors that I thought was very attractive for a new investor like myself. From what I have read it has a 5 year inve...
I own a 12 unit apartment complex in Venice, Florida on the Gulf Coast. The property was purchased for about $500k and is probably worth about $700k at this point which is mostly the land value. Essentially, the land ...
I was wondering if I had eliminated escrows on my current mortgages will make any difference when applying for a new loan?If my payment is now officially $150 less a month because I paid insurance and taxes directly, ...