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So we are in a little situation. We have a salon in the Aiken / North Augusta SC area and charge booth rent. The rent total from all (5) stations is $420/week when rented at full capacity. The issue is its been almost...
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Hey guys, I recently closed on a duplex. I renovated one of the units that was vacant upon buying and got a tenant in there. 6 days later, she sent me pictures of roaches in the unit. Is there a way to permately ge...
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Hello! And Happy Thanksgiving.
Roughly a month ago, I noticed a 2-unit go up for sale several doors down from a 2-unit that my LLC already owns. Both units are 2 beds/1 bath and a shared basement......
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I came across what looked like a great property on Loopnet. It's a Starbucks, yogurt shop, and Subway on a parcel in a large shopping center in a great area at 8.26% cap. After dropping everything to go look at i...
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Hello all! This is my first experience creating a note on a sale. I have a $600k property in Austin, Texas that has a house on it that is used as a daycare. I want to offer a first lien for about $250k to an investor ...
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I was recently notified of a 4 Plex from my agent and the asking price is 105K. It is a 1/1 with full occupancy. 3/4 units are month to month as they are out of contract where another new tenant just signed on for a ...
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I called a FSBO house in my neighborhood and started talking to this lovely 73 year old lady. As we continued to have our conversation she stated that she also had a 300+ storage unit complex with retail on the same p...
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Hello and thanks ahead of time for any answers you can share!
I hold a first mortgage note on a single family home. When I go to sell it to a broker, do I have to pay taxes on the sale? The note is 3 years in...
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I recently purchased an investment condo that rented out almost immediately after I did some minor work on it and will cash flow very nicely. (I know some people stray away from condos but I have had actually had a lo...
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Ok, so I've been analyzing potential deals for 2 months (maybe 40-50 total) or so and am getting an itchy trigger finger for my first deal. This popped up on our local REIA site and is bring sold by a large buyer/hol...