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Many new and experienced real estate investors will FALL into the pre-payment penalty TRAP and it might really bite them in the A$$ or cost them on future deals. Going through the last 2008 real estate crash many peo...
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I have a loan question from a past client...(I am an agent).
They tell me today that someone approached them (a company from LA), that if they purposely not paying their mortgage for 3 months, the company can negotia...
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Hi everyone, long time reader first time poster. I have a question about a situation where a renter has moved out during the close process. One of the really appealing aspects of this deal was that it is a duplex with...
How do you value a 60 unit apartment, when after clearing everyone out 1 year ago and starting over fixing units up and renting them out for $500/month. Right now there are 15 tenants, with 4 units available.
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My tenant has been in rental for 2 weeks. She let me know that the washer standpipe was overflowing some when she did wash. I draino’d the drain and ran the washer. Didn’t get any leakage. The next day she let me know...
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Hi all,
For those in the Bay Area we’ve seen some crazy price hikes. Do people get the sense that the market is starting to cool off? I have seen a few articles about Seattle’s markets starting and would like to get y...
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Hello!I have just closed on a 2 unit property in North Carolina and inherited tenants in one of the units. They are paying way below market value for their unit and it would be ideal if I could either propose a rent i...
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How are people finding multi-family deals in Colorado Springs. I know it may not be the best method but I have been using a realtor and the MLS and everything I analyze seems extremely overpriced. Very low cap-rates (...
So crazy question. I know this is usually tried the opposite, but there is a property my wife fell in love with. Our credit scores are a little low for traditional or even fha financing...plus the financed amount woul...
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I'm looking to purchase a live in flip in Salt Lake City and am having a hard time determining the best area to receive a decent return. I'm thinking about Sugar House area but the numbers don't seem to be working. ...