I am working on purchasing a property in Souther California where we have reached the appraisal portion of deal.
A few days ago the appraiser - 3rd party person contracted by the bank - contacted me with the intenti...
Sorry, this is not "safely participate" territory. There is always risk, and these are highly risky and regulated techniques. So, there is even more risk.The things that you can do, include being properly capitalized,...
After watching several BP Youtube videos and BP Webinars, I have, to date, analyzed (using the BP calculator) about 25 properties. I try to do 1 or 2 per day since I'm still trying to wrap my head around RE investing...
Hi All,This is a very basic question, as I am relatively inexperienced with REI. How different are typical mortgage terms for 5+ unit apartment buildings compared with 1-4 unit? I have owned two 2-family homes, so I...
Hi Everyone,
I have placed an offer for a 4-plex and through the appraisal report, I got informed that each unit is 250 sqft less than the county records. The County is showing 1380 sqft but the appraiser came up wit...
We all know how apartments are valued....cap rates and NOI. Here's a scenerio that's likely to play out. My partners and I own a couple apartments. All have been long term tenants. We are wanting to try some sho...
I’m currently looking into if I’m going to be able to work real estate into my life. It’s looking pretty good but my big hangup is financing. I’m currently on unemployment, but have some money and can probably secure ...
The contract I have is the Columbus Realtors version. The property is located in Cleveland.I’m so scared to send it.. idk if I should edit and modify it in any way.
Has anyone tried to offer seller financing for an on market property? Do I still offer the agent a 3%, I feel they wouldn’t bring the seller the deal if I do not because they get nothing out of it.
Hello everyone, I recently purchased my first rental unit on 1/28/22 located in Hartford, CT. I met most of the tenants except the 1st floor. While doing the showing I was told the first floor tenants were out of coun...