Hi guys I'm new here but I've been puzzled over this question for a while. If commercial mortgages require that the investor have a net worth equal to or greater than the loan amount than isn't the idea of a 30% downp...
I want to hear your most basic thoughts about buying properties with visible foundation problems. I understand there can be a huge spectrum of problems with consequences varying from "can't play a fair game of marb...
Hey guys- SHOULD I BUY THIS PROPERTY?? Thanks so much for the input.I have a property that is an ideal area. Rents are going up and rental market is super hot. Currently rent is well below market. Cash flow looks pr...
What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
If real estate is a stock, it seems based on seasonality buying in winter and selling in spring is the best strategy, There's always a noticeable trend within these two seasons. I can see myself, someone purchased an ...
Hi there, I am switching over my 4 rental properties to a new insurance and nitpicking my way through the coverage. Some things will go, others will be added. My question is about the option of the Fair Rental Value C...
I have a very basic question (almost sounds silly), I keep hearing property prices always go higher in the long term (not referring to short term fluctuations). Apart from that's how its been historically can someone ...
Under contract on our first potential property and just got the inspection report back. I feel totally overwhelmed by the list of 100+ things. Which of these would you expect seller repair credits on? Which of the pro...
What are everyone's thoughts? How much longer do you think we will be in a "down" market? :crying:
this was a probate sale. it came on the market for 39.9k. not sure how long it was on the MLS for, but i offered 40k. was shocked to hear that they took my offer.just closed on it a few hrs ago. i got $500 back becaus...