Anyone investing in Hackensack? An owner of a multi approached me. he's selling a 7 unit with a 7.4 CAP at asking. I don't know the Hackensack market. What kind of CAP rates are people getting for multis?Thanks!!Alan
I live in California and therefore pay big state income taxes. My real estate holdings are out of state. There are wide disparities in tax rates around the country. So, if I can avoid high property tax states, maybe I...
Anybody have a referral for flat rate eviction lawyer in Tacoma area? Any rough thoughts on how much an eviction might cost?
Hi,I've never calculated vacancy rates other than "back of the envelope" awareness that ours are far better than the 8% I budget. However, now that we're putting our 48 unit portfolio on the market, I'd like to be abl...
Hi everyone,Since joining 2 months ago I applied for a HELOC through SunTrust on my primary residance as i like doing business with them. The appraisal came back this week at 140k and I owe a little over 99k so they a...
I'm an investor in the northeast Philadelphia area who has acquired and managed two properties for rent over the past year and a half and am looking to acquire more. I've been actively searching the area for two and a...
I've been living in Lees Summit, MO for a little over a year now and have just recently been studying REI. I'm wondering if any seasoned investors around the South KC area have any input about neighborhood ratings and...
Looking to buy a second/vacation home in Mesa. Can anyone recommend a good lender with the lowest rates? I have excellent credit. Is 7 percent possible?
If you were to buy down the interest rate for your mortgage, what rates and fees would be associated with that? Would points have to be paid to buy down the interest rate?
Is it considered standard to include all closing costs, capital outlays (for repairs, improvements, etc), and loan origination fees in addition to the sales price when calculating cap rates?I know that generally, when...