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I just came across this potential deal.
Duplex 2/1,2/1
1,800 sq ft
$88,500
11% cap rate is questionable
I do not have expenses, can I use 50% of gross rents just to see if it makes sen...
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Curious about what you look for in a property to make an offer.Minimum amount of profit after all costs?ARV percentages?SFH, Duplex?How many sources do you pull leads from?
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As a beginner, it can be hard to be proactive. It can be hard to figure out what a good deal even looks like.Why, if there is a good deal in my midst, wouldn't a more experienced investor immediately get it? I live in...
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Hello, I am new to this forum and really enjoy the mediation since it fosters growth. This is the kind of Intellectual capital that makes me proud to be an american. However, in light of this horrible global economy...
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We bought a REO and finally got to do the first walk through this weekend.By the time I got to the master bath, the stench was almost overwhelming. But then when I say their most recent reading choices, I lost it!At ...
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I found an apartment complex (2 buildings) for sale, $265,000 each
According to the information given in the listing, right now it has 44 units, 34 of those units being occupied.
Most of the vacant unit...
Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number? Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...
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Hello All,Glad to be part of this Forum. Tons of great information.I'd like some quick answers and suggestions from you. I am a Realtor in CA and want to start purchasing some properties out of state. Looking to p...
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I help a lot of landlords buy and rent out Chicagoland rental buildings. -- On occasion, the rental unit has gotten to be too outdated to attract quality renters.How do you determine the quality level for upgrades in ...
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My landlord entered my apartment illegally (did not give me 24 hour notice) and found out that I had broken the lease by having a pet, which is forbidden int he lease. He has now geven me 30 days to move out and I don...