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Ok so I've been on here for a little bit looking to network with some potential HML's. I'm in central ma, and the rental market here is very very very profitable. But who has 25% to put down on every apartment complex...
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Hi all!I'm currently looking at a pocket listing in Troy, NY. The current owner is shopping it around for 1.35m (7cap) and the proforma numbers are as followed: ANNUALIZED INCOMEActual MarketGross Potential Rent $191,...
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Hi,I'm currently looking into Philly market and shopping around the financing options.My scope is as follows; - I'm based in NYC, and moving into this Philly property might be a tough decision (I need to commute t...
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Update of a football team potential move and it affecting Real Estate in Inglewood, Los Angeles etc.http://www.latimes.com/sports/nfl/la-sp-0105-nfl-la-stadium-20150105-story.html#page=1
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Hello all,I have a situation where I rented out a a furnished rental unit to a new tenant for 3 months. We signed a lease and the term length is from August 1, 2022 to October 31, 2022. I collected a security deposi...
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I have a rental property in a single-family residential neighborhood that's close to a fast-growing university. About 10% of the houses are rentals, and an estimated half of those are currently rented to students. We ...
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A cautionary tale with actionable advice for STL specifically, and probably REI in general.Advice: When looking at tax numbers for your investment model, make sure the property is assessed correctly when running the n...
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Hey guys! Two part question here. Is traveling to a different state to look at rental property considered a business trip? I will be going to Hawaii to look at some rental property. However, I do not have my LLC fo...
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First ever purchase so I'd thought I ask for some advice. Had an offer accepted last Friday and the home inspection on Wednesday. From the home inspection we've come to find out that the HVAC, water heater and probabl...
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Hi REIs, I have been trying to understand the strategies on making offers. I would like to know, based on your experiences, what is the range of lowball offers you've made that tend to get accepted when it comes to mo...