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Hey everybody,
We are rehabbing our first buy and hold investment with the BRRR strategy in mind. Here is our first quote on adequate insurance for the property. Does this sound right? Seems high for just a simple PN...
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If a PML wants to sell a single performing note should they just take it to a local bank and offer it for sale? Are there websites they should use for this kind of sale? How long after the note is tendered should the...
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Is there a way to search for commercial properties for sale that have a ROI of 15 % or more ?
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Here's an interesting article from Zillow concerning expected higher rents for properties having central A/C (in various US markets). I did the math based on a 5% premium and realized it would behoove me to consider a...
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Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...
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I was pulling together 1098s so I can do 2015 taxes (normally I like to procrastinate, but this year I'm trying to refi some things so I'm motivated), and I noticed I got an escrow bill for nearly a thousand bucks.Wha...
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I’d like to share with you what we’re doing with our properties to mitigate COVID-19’s impact on our properties, with the hope that you can use some of these ideas and strategies on your own properties. If you have ad...
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I'm sure this doesn't surprise anyone.
Cap rates continue to compress nationwide in almost every market. CBRE reported that most investors were willing to purchase industrial and multifamily assets at asking price...
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I'm wondering If I can refinance my 20-year loans at 6% into 30 year loans at 4% if I'm in an LLC? I knew in the game and my bank requires 20-year loans at the business rate of 6%. I hear people talking about getting ...
Hey everyone, just wanted to finally make my first post after lurking for some time :). Thanks to a fortunate situation of being able to work from home, My wife and I took advantage and finally invested in our very fi...