Marcos Carbi
Invest now or wait for recession?
Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
Mark Bosworth
Best source for kitchen cabinets?
Hi All,I have a potential flip that needs a new kitchen. Who do you use for inexpensive kitchen cabinets? Big box store? In the past I had an awesome custom cabinet guy but I've moved to a new area and don't have o...
Raquel Baranow
Tenant painted room, I'm scared, sad, what to do?!
I spent a lot of time fixing up a rental, did all the work myself (with a friend), I considered the paint-job a work of art, apparently the tenant didn't think so, he not only primed the walls but also the trim now I'...
Account Closed
WSJ article on impending CRE bubble
Not really treading any new ground here, but interesting read in the WSJ this morning. http://www.wsj.com/articles/surge-in-commercial-re...We've got a number of clients active in South Florida (Miami) and they (and ...
Kalen Jordan
Why do most syndications sell instead of long term hold?
Seems like pretty much all the syndications I've seen recently exit within a short number of years - I'm curious why they don't hold long term?
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Brendan M Brown
Starting out; Disgruntled
Hey all. I recently heard of someone who has acquired a lot of property recently. Some main st village type property, mixed use with store fronts etc. I heard through the grape fine that he had recently started “scoop...