Hi All. Newbie here and would like some advice. I have 2 rental properties both on 1-year ARMs at 5.25% amortized over 25 yrs that I need to refinance. My credit score ranges from 650-705.Property 1 $1.7 million val...
Hey, I have been around the website for a couple months. I am a big numbers guy and into excel a lot. When calculating CashFlow and CoC Return I mainly factor in my Expenses Per Month AsMortgage (at 20% down at 5% int...
I am looking at purchasing a condo in Myrtle Beach, SC. Purchase price is around $110,000; rental income is $26,000/year. When I plug my numbers into my calculator, I am coming up with a cash flow of roughly $800/mo...
Should I have a penalty if the property manager doesn't fill vacancies? If so, how would it work? Should I withhold the management fee if a unit stays vacant for 2 months, etc?
Why is there so much out of State investors buying properties here.. Is there any other areas to invest in? Locals are getting rammed because these companies and investors are bidding these properties up to a 30-40k ...
I am really interested in pulling the trigger on what I think is an awesome deal. 3 bed 2 bath 1600 sq ft property on a golf course lot. It is in an amazing private neighborhood, matter of fact my real estate mentor i...
I bought one of my property at peak price at 2006, finally the price rise up to the same level when I bought in.My condo is very easy to rent and has 0 vacancy rate so far but the HOA fee is so high , the return is ri...
In my market, I wanted to get into duplex's. Upon further investigation nobody is selling a duplex. The only duplex available is one side of the duplex. I have run the numbers and it will cash flow really well, but ...
I'm a new investor and I know there are a lot of pros and cons to owning an Condo as an investment, based on forums read. However, I'd like to know if anyone has used a successful strategy to either Quick-turn a condo...
Assuming going rates are NNN $1/sq foot for restaurant space, what is a fair price for the attached patio space? Small population makes comps with patios impossible. Local weather allows for patio use about half of t...