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I am a newer real estate agent and I would like to get the hang of turning profit doing that first, so for now I am just learning about investing while working in the world of real estate. I only want to be an agent f...
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I just purchased 24 units (three identical 8-unit buildings) that share a parking lot. I've been at the property a lot in the last couple of weeks, and tenants are telling me that a group of teenagers will bust throu...
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What kind of interest rate spread do you typically get at banks for loans on investment properties vs. the interest rate they charge for owner occupied houses?
For a conventional 30 yr mortgage, the bank I we...
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Working in a busy property management company, I'm often asked for advice on camera and alarm systems, and in rougher neighborhoods sometimes it can be a toss-up on whether to keep a property boarded-up between showin...
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So, here it is, I love SFR, I have A LOT of SFR, over the course of the last two years, have been dipping into the Multi-Family space and now graduating to 100+ units - still buying lots of SFR (I just cannot contain ...
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I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
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We're quite close to making an offer on a 6-plex where owner pays ALL utilities. It is not common in the area for utilities to be included, and all units are under market rent. The building is 100+ years old, so I a...
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Hello everyone, My name is Matt Honeyford. I'm a Commercial Real Estate Agent and a full time Real Estate Investor in Rochester, NY. I started this journey (full time) a little less than a year ago. Currently, we have...
For those of you familiar with the real estate market in the Detroit area, you know that this is prime opportunity to build a real estate portfolio.
Why?
Let me ask you this - where else can you routinely find singl...
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Hey guys,
from my research I learned different property mng companies charge different fees.
What do you guys think of a LEASING fee? I strongly believe it should be incorporated in management fees. PMs are getting, ...