Hi Everyone!A bit about me - I recently purchased my first home in June, and am now currently house hacking that property. This, along with my sister's background in real estate with 9~ units, got me excited to start ...
I've read here that appraisals are simply a tax number that are not always indicative of true value. So, what is exactly is the significance of one? How are they relevant/useful?
Thanks,
Fred
Quick question - the house I have been trying to buy has been under agreement on and off for the last 6 months - the seller has indicated to me that the buyer(s) can't get financing, and has been saying it's because o...
The end of the month is approaching fast and my property managers are already receiving indication from a handful of tenants that they were recently let go of their jobs. I anticipate the number of effected tenants to...
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Single-family home sales fell 20.2 percent year-over-year, with 6,671 units sold, marking the second straight month of declines fueled by the COVID-19 pandemic;The Days on Market (DOM) figure for single-family homes g...
Comparing a duplex from 1940 and 2003:
Neither requires immediate rehab.
The older duplex cash flows $550/month (30% ROI all things considered) and the newer one $350/month (14% ROI). The older one has window a/c ...
I currently have a couple of short sales with Aurora, both going on 14 months at this point, a wee bit longer than probably should. While doing an interior bpo for a broker, he started telling me about this particula...
3 reasons why California housing is about to go bustCalifornia is perhaps one of the most important states in mortgage finance. So much of the mortgage finance world is based in California and, like Texas, the indu...
I'm looking for arguments to help convince an investor to form an LLC before buying an apartment building for rental income. (He won't occupy the property.) He's more concerned with immediate tax/financial benefits th...