Account Closed
[Calc Review] Help me analyze this deal
This is my first small apartment building that I'm working on for buy and hold. I would love to get your feedback and comments in event that I'm missing something.It's a 7 unit building and each unit is 2/1. There are...
Cliff Durrett
Advice needed on a short sale in FL
Ok, so I have someone doing a short sale on their property (planning to)
But does anyone have advice for shorting just the 2nd, or need to present to both 1st and 2nd?
Owed is around $550k, $275k 1st, $271k 2nd, BP...
Gerard Beckhusen
Does anyone have experience with Sheriff Sale in Beaver County PA
I have flipped a few houses but never purchased from a sheriff sale. I don’t know about hidden costs or risks with this type of purchase. Any input would be appreciated. For instance I don’t know how to check if t...
Brent Seehusen
Renting to a Drug Rehab Facility
I have a unique opportunity to consider. A friend of mine is co-owner in a drug rehab clinic that operates in Southern California. Currently, they have three locations, all of which are houses within SFR neighborhoo...
Brandon Sturgill
Valuating Below Ground Square Footage
So, I have a potential deal with 1400 feet above ground and a full basement with egress. As I understand it now, I cannot force as much value on the underground footage as I can on the above ground footage through imp...
Charles Worth
The salary you must earn to buy a home in 27 metros
I found this report interesting and it speaks to the affordability of many markets as well. http://www.hsh.com/finance/mortgage/salary-home-bu...There were also some surprises at least for me. For instance, Ohio was m...
Robin Suh
Lease option agreement on office building
I have a small office building in California and someone offered to lease the property from me for 3 years with an option to purchase. Some questions for anybody with experience with this:-how much above market price ...
Mary Jay
After transferred a house into an LLC,rental insurance should be in theLLC's name?
Hi guys, so after I deeded a rental house into an LLC, lets say the LLC's name is "ABC LLC " .... So now the insurance should be in the LLC's name?
On the insurance policy it should say that the insured is "ABC LLC"...
Brandon Bonfiglio
Arizona Short Term Rental Laws Mesa / chandler / Gilbert
Hi, Im looking to purchase a home in the Mesa/Gilbert/Chandler Arizona area for a Short Term Rental.I cant really find anything on the laws and regulations on short term rentals in these cities if anyone has any infor...
Yaya Y.
Commercial LOC versus Refinancing
What are the pros and cons to pulling out a line of credit on a building versus refinancing? Wouldn't refinancing be more beneficial since you can individually pocket some of the funds tax free? I am aware that refina...