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Take Ozone Park for example. I saw a house last week for 630k 2bd over 1bd. Running some basic numbers.... (not conservative).Upfront5% down + 20k closing = 51.5k out of pocketMonthly (best case scenario)- 2944 Equity...
Great morning I'm a new investor. What is the relationship between a wholesaler and real estate agent?
I'm about to start a job as a junior appraiser for a CRE firm. Really trying to get a jump on my peers! My question to buyers is what was your experience with CRE appraisers? What things could appraisers do better? Wh...
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Hello everyone,I am new to real estate and myself and father are new landlords also. We purchased a nice triplex and I am a bit concerned about having to pay for heat and hot water. At some point we will figure someth...
I'm trying to understand exactly how agent commissions work.Is this correct - When a seller lists a house, he comes to an agreement on commission with the listing agent and this is typically 6%? What happens if he on...
Hey everyone! I am just listing my first rental property and would like to hear some opinions on pets. What are your pet standards, do you set weight/ breed restrictions? Do you charge pet fees (refundable or non refu...
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Purchased a property and ditched the deadbeat... you know the one with the 52" flat screen and surround sound that couldn't pay $500 rent? When he moved the TV the drywall collapsed - it was soaking wet from a poor...
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Thinking to sell a rental house in Memphis for around $200k. Thinking to offer seller financing to increase interest in the property and I like some of the advantages of seller financing. Have never done this before. ...
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I came across a 5-plex in San Pedro, CA. A Rent Controlled Area. Rougher part of town but with a huge 1 billion development starting in 1 year near by. I have only seen the exterior and it looks rough. I'd imagine the...
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I’m a new Real Estate Investor, currently working on expanding my knowledge. I have a short term goal of making my first deal within the next year, and a long term goal of owning 100 units within the next 8 years.
Lo...