Curtis Curley
Should I get a general contractor or look for houses first???
Looking for guidance for 1st few steps. Here's what I have and where's where I'm stuck. I know I want to purchase a single family home 3-1.5+ with 2 car-garage in a middle class, or upcoming, community. Preferably,...
Amos Raymond
At what point doesthe rental income become most important?
How much should one overpay (price per sq. ft) for a property potentially bringing in a generous return? Is cash flow so important that you overpay though asset appreciation is likely in a rising real estate market?
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Adam McCullough
Neighboring Townhome up for Auction
Hi All,
Background
I bought a townhome in Cedar Rapids, IA a little over a year ago. I lived in it for several months before a new opportunity came up and I moved to Minneapolis. Since then, I've rented...
Corey Dutton
Attack on Pay Day Loan Industry Slows Loan Sharking in Britain
New regulations on payday lending companies in Britain has resulted in a stagnation or slow down in the payday lending industry there, according to numbers from the FCA (Financial Conduct Authority). After strict r...
Robert Howard
Properties that have to have flood insurance
I have been looking at properties in good areas where I live, but they are in flood zones. I called to get quotes and they have been extremely high making deals look impossible, because they will lose money. Also th...
Jason Malabute
SUBMARKET GROWING SLOWER THAN MSA
Is it a bad thing if both the MSA and submarket are both growing in population, but the submarket is not growing as rapidly as MSA as a whole ?For example, from 2010-2017, Oklahoma City MSA's population growth is 13.3...
David Ginn
Market Guidance from our Real Estate Coach
So for the guidance for this week my response is the market in most segments is extremely hot and the best thing you can possibly do right now is sell every rental property you own and turn it into cash. You’re at the...
Harold Curtis
CAP Rates for cities or areas
How can I find the CAP rates in a city, town or MSA to calculate value for Commercial Real Estate - Multi-Family?
Market is changing rapidly - again!
Thi Dalley
Washer dryer hook up questions
We are about to close on a duplex in Grand Rapids MI. Upper unit is a 2 bed 1 bath. Lower unit is a 3 bed one bath. Currently there is laundry set up in the basement with access only for the lower unit. We are debatin...
Jane Kai
Refinance or Home Equity Loan?
I own 2 homes. Primary- bought for $200k and have $150K left to pay.
Secondary- bought for $140k and have $100k left to pay.
Goal is to lower the interest rates on the primary or both preferably. Is it best to refi...