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Hi everyone. I’m looking at buying a few condo units in the Orlando area to rent as short term rentals. I’m looking at various complexes, and there a few categorieS of Price versus HOA.
1. Price: $260-290k, Monthly ...
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I'm just starting out in this "hobby." But I would like everyone's opinion. It seem's like %80 percent of the people I know that live in town, want to live in the country. Would buying houses outside of city limits m...
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When we purchased our personal home the appraisal listed the SF as 3028 and was apprised and compared as such. 3 years later we refinanced. Again the SF came in at 2975 and was compared and appraised as such. We just ...
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Hello BP!
In 2017, I purchased a 20 unit multifamily property with value add. After increasing the income and reducing some of the expenses I've reached a point where I would like to sell to move to larger investmen...
Hello! I just applied for an FHA loan to purchase a duplex that I intend to live in. I thought it wouldn't be a problem, but the loan officer was not too positive. I've been self-employed and living in the same pla...
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Closing on a 3 plex in December; one of the units is a bit thrashed, needs probably $8k to replace carpet, vinyle, kitchen and bath. Owner has agreed to credit me $5k at closing, but it's got to go for 1031 approved...
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Hello all. I’m a bit panicky today, as I’m being threatened with my property being condemned.Long story short, my tenant is the granddaughter of a state representative (Alabama). They’re saying they contacted the Bi...
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What are ALL of your expenses on multifamily properties? There are many common ones such as mortgage, utilities, cap ex, vacancy, landscaping, and more, but I was wondering if anyone had dealt with even more specific...
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found the probable base cause of the recent downturn in foreclosures
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Press Release
FDIC Statement on the Status of the Legacy Loans Program
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So here's a scenario that I could use a little bit of advice with. My wife and I are currently looking at a duplex in South Jersey. If we were to make an offer, we would purchase the duplex as our primary residence, l...