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I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a Gross Rent Multiplier of 13.04). The property sold for 93%...
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I am new to the real estate investing world and would consider myself still in the "knowledge building" stage. My professional career over the last 15 years has given me the knowledge of investing other people's mone...
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Hey everyone -
I was wondering how many of you would be interested in getting help with SEO (search engine optimization) and Social Media Marketing?
We've got connections to some pretty talented SEO guys out there a...
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I am trying to buy a commercial office space that' 100% occupied. The NOI is $34k (I verified it to be true, with a more seasoned investor). I am trying to buy it for a cap rate of 4.8%. The local commercial bank said...
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I am an active developer of both residential and commercial properties overseas, and I am currently under contract to purchase my first property in the US. It is a multi tenant retail property anchored by a discount ...
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This morning I sent an email to a tenant who is late on November and December rent, with January coming due. I deposited their November rent check which came on 12/20 and it bounced. The email stated they must become ...
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Disclaimer*** I own a rental company.I'm curious when you look into renting a vacation home in a beach or mountain town for whatever reason.Are you more likely to look at small rental companies in the area or are you ...
Hi. I've been thinking about investing in medical office for a while, but I'm rather confused by obamacare's potential impact on medical offices. On one hand I do know there'd be more people covered with health insura...
Talk about a beginner post... I'm in charge of investing ~2.5m into real estate via 1031 in the next half-year, with the expectation of about a 10% return cash-on-cash. Buy and hold for a year minimum, stable properti...
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Just spoke with two banks about a NNN mom and pop deli. It’s in a class A urban location with 5 years left on lease. One bank said 65% Ltv and the other 55%. Too much to put down! What are you guys seeing?