Todd Franklin
Value of Rental Income
I am considering selling out my % of a small strip mall. I am a partner with cousins, this is an inherited property.
I have a decent handle on the property value.
How do I incorporate the value of rental income into ...
Kristen Williams
My Owner Building Portfolio, Asks Me for a 3% Discount off PM fee
We have worked hard to build our relationships over time, with owners and investors, and we are even expanding. We have done this by evaluating workload, and setting fair Property Management rates with our owners, on ...
John Thedford
Someone Wants To Sell Me A Note
Someone wants to sell me a note. They are asking PAR.Thoughts?\Note is for $62,500 for one year, 12% interest only.Here is what they stated:Good afternoon John,>>>>>>>> The buyer came in with $...
Chris Martin
Seller finance scenario: sell the smaller first, keep the second
I am looking for comments on feasibility of this scenario n today's note market. I guess it's called a 50/45/5. The goal is to move the property more quickly at near full price. (Note: this property is in NC and falls...
Serge S.
Selling a note
I have a performing note backed a large multifamily property that I generated. I have had it less than a year so not much seasoning. It is around 80% LTV with an interest rate in the high 5s, fixed for 20 years. I'm c...
Keeya WangJones
Low interest rates, upfront cost, and points
Hi,
Can anyone explain how some lenders are offering low interest 3.5-4% but I need to pay for points or upfront costs? What does the points actually do? How does this method of lending affect a 30 year fixed?
Cheers!
Justin Ford
Lease wording for discount for on time payments
Can someone help me with some legal wording for our lease regarding discount for on time payments. We are charging no late fees, but if they are on time, giving a discount. We are upping the rent by $50 and then givin...
Kyle P.
Online lenders vs local lenders for conventional loans
Hey all,I am looking to buy and move into a 2nd property (my first SFH will be turned into a rental). I am looking at some local brokers/banks and can get around 4% for a 30 yr conventional 5% downpayment. I am seeing...
James Saturley
Help understanding (maybe) CAP/NOI/PRICE
Hello BP. I'm not sure if I'm having a difficult time understanding the relationship between Cap rates, NOI, and Price. Maybe I'm not, but the prices that multi-family units are selling for in Tampa, don't make sens...
Chase Luckett
First Deal Questions
Hello, I am 22 years old and negotiating my first real estate investment. I live in Owensboro, KY. I have some questions that I would love feedback on. My grandparents own a rental property and I am negotiating buying...