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Two nights ago the only house I manage that I don't own (favor to my GF) had a large fire causing large amounts of damage. It was from old wiring in the house that caused it and I'm glad nobody got hurt. I have a lis...
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Here's the breakdown of the deal:9 unit multi-family in B area. Purchase Price: $450KFinancing: 25% Down, 3.25% 5 year ARM, 15 year amortizedAmortized monthly payment: 2371 ($28,452/yr)Additional Interest Payment*: 26...
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I am in process of buying my first investment property and need some advice. I couldn't find any lender who will give a conventional loan to a LLC so I got the mortgage in my name and the idea was to transfer it to LL...
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Currently in the Marine Corps, 27 years old and plan on investing in the next 2-3 years (that’s the agreement my wife and I came to) starting with buying single or multifamily houses if the numbers work. Now a few que...
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For those who invest in self storage facilities, is there a general CAP rate range that you look for? This is a very small self storage facility, 22 units, and pretty old, block construction from 1965, not maintained...
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So I am planning to buy a property in Northern Florida for cash ($70K) and after the purchase, I am planning to get a mortgage for this property ($83K). How long do I have to wait to get a mortgage on this property? I...
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What would you do? I’m working on a deal and we are close to closing it. I find out the tenants have serious problems because one of the tenants dogs ran into the other tenants yard and bit their dog causing permanen...
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Good afternoon everyone, I’m a 21 Alabama National Guard soldier and I’m currently deployed in Iraq. I look forward to trying my best to do real estate full time once I arrive home in a couple months. I’ve done tons o...
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Interesting article on Fax News today about housing, particularly in the Northeast. Does any BP'ers living in these areas, see this info as jiving with their local analysis. 10 Cities In Danger Of A Housing Crash Thi...
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What up people’s and mutual, well, whatever you identify as! I’m Johnny. The internet eventually let me here after looking around at property management/investment ideas. I purchased my house via FHA and lik...