Dmitri K.
Cleveland Investors, what is your real-live vacancy rate?
So i see a lot of people ask what to use when estimating a vacancy rate or a cap expense rate. And a lot of times on pro-forma sheets a vacancy is listed at 5%. I just can't comprehend how that is a realistic number f...
Ivan Correa
TITTLE ISSUES ON A MAJOR RENO FLIP
Looking to see if someone can assist with an issue on a property I purchased in 2020.
I bought a Heavy reno 1 family 25X100 property in NJ . Late February early March was when I closed. This was the second property w...
Jack B.
Which cash flow markets lost little equity during last downturn?
I'm trying to figure out where to 1031 exchange my Seattle area properties to in order to ride out the next recession. I don't plan on doing this right now as the economic indicators point to a few more years of upsid...
Shannon Sadik
Rochester (Fairport), NY Multi-Family Home. Good Deal or No?
Hi Everyone, I am brand new to this site, but am really excited to have found this!! From what I have read so far, I've already learned a ton! I have been watching the Rochester market for almost a year now and am mov...
Michael Chase
Advice for Purchasing first Real Estate Investment Property
Good Evening everyone,
After months of research and years of thinking about investing in real estate, I'm ready to do my first deal. I have my preapproval in hand and am analyzing deals like a mad man.
Any advice f...
Doug Seaney
Incorrect legal on a Freddie Mac purchase / encroachment
So we just bought a 3 bed 2 bath house from Freddie Mac for $24k (cash purchase). Yes a major fixer upper! I was telling an acquaintance about it and he said "oh you bought that?, I heard the bank foreclosed on the...
Stephen E.
Leasing Ups and Downs
So I have been trying to lease two properties. Great success on one, just leased to a long term tenant for $100 extra each month over the last tenant's rent. The other property is not going so well. I have had ma...
Mike Savage
Selling our primary residence to a friend without using agent
SO. i've been thinking about getting my RE license mostly to find and write my own deals but I've been busy juggling life. In the meantime we found another house for sale and are considering selling our house FSBO. ...
Chand P.
How to lend huge amount to a friend?
Hi,This is my first post here and please be easy on me.One of my friend need money for his business activity and none of the professional bankers won't lend him money due to his tax filing situation, loan to debt rati...
Kyle Steiner
Sell California Condo or Sell and 1031 into OOS Multifamily?
Edit: The title should have been "Lease California Condo or Sell and 1031 into OOS Multifamily?"I have a condominium I bought about 5 years ago for $60,000 that I can sell today and walk away with about $100,000 after...