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We are looking at a 19 acre plot of land with a house on it. We would like to puchase the land which is in 2 tracts being sold together at an auction. There is a 1 acre trac with the house and an 18 acre trac with a b...
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hey everyone, I have a duplex that we bought about a year ago from a friend of ours. It went original owner>wholesaler>wholesaler friend>to us. We typically trust our friend since they have over 500 propertie...
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Hi Everyone,
I am looking at a deal (self-storage) in Midland, TX. With the current state of the oil market, I was hoping to get some insight from people here that know this market and what happens when there is a s...
Hey Everyone! First post. I'm super new to the real estate world so please forgive my ignorance.
So I just started working for my parent's property management firm and things seem to be done super mom and pop style ...
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My investment account is currently worth $380k. Would you cash it in in order to make a 25% down payment on a 16 unit apartment complex? I would have to pay about 35k in capital gains. Here are the numbers: $1.4 m...
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Hey everybody, I've gotten myself into a heck of a pickle and I'd like to share this (hopefully brief) account to solicit advice and warn others of potential flood zone pitfalls. I bought my first rental 10 years ago ...
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I recently put a property under contract that was on a 1+ acre lot. I had a meeting with the country and they said that it appears that I am able to subdivide the lot into 3 lots - keep the existing house on one and c...
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In order to come out with my offer price on a 6 units multifamily building i'm looking at recent sales in the area. I also came out with what I believe is an accurate NOI. My question is simple, how do you come up wit...
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Hi,What are people's opinion on using the DCA Payment Standards as a proxy for market rent? For my first rental property I was relying on rentometer, but according the latest DCA guidelines, I may be underpricing it b...
I am wanting to buy land that is advertised as 2 lots without any house. They have not parceled the land and it is currently parceled in with the sellers house. I have checked the country appraisal maps and it's indee...