I'm super excited to be purchasing my first multi-family property, a 12 unit apartment (8 one bedrooms, 4 two bedrooms) in a great suburban area. I've been a residential Real Estate Broker 17 years and have been inve...
A seller is interested to sell the property to me and willing to lease the same property for 3 years. The seller holds an FHA loan on the property at sub 4% interest and have 27 years left in the amortization. The sel...
Hi there!I have two multi-family rental properties and have come across this situation a couple times and have never found a solid answer to. Can anyone provide their insight?Situation: I own rental property in Califo...
Hello All,
As I've mentioned before I'll be buying my first property within the next couple months. I've found a potential property I plan on visiting tomorrow that I found using loopnet. I was able to find the pro...
My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...
Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
Seems like Rent control in some form or fashion Is gaining a lot of traction around the US.. Oregon just passed state wide.Washington some new rules.. California of course has had rent control in many cities for deca...
Has anyone heard of investing in residential treatment facilities (group homes)? These facilities would offer services to adults with disabilities like mental retardation or down syndrome. Supposedly, Medicaid reimbur...