My wife and I have been looking to invest in real estate for a few years now but our situation has kept us from making any purchases yet. Here's a quick synopsis of what's going on. We're both gainfully employed (90k...
Mezzanine Debt and Preferred Equity. Part 1. Executive Summary
The multifamily real estate sector has experienced a sharp rise in distress rates, increasing from 2.6% to 8.4% over the past seven months. This surge c...
I've been looking at buying my first investment property-a duplex in Upstate NY using a loan from my employer retirement fund. The numbers look good with a cash flow of about $200/month from the current tenants. Mort...
As the owner of a single rental property, I've been deducting rental losses every year, thanks to depreciation. I never thought much of it, because my W-2 income has always been well under the cap of $100,000 where it...
My daughter was doing a cash-out refi on her duplex, but her lender just said the following. Has anyone heard Texas Cashout A-6 for multi-family units are no longer allowed? Does she have any other places to go to ref...
Hi All,
I just purchased a 2 family home in Providence, RI. Currently, the first floor has a some pretty substantial dips in it. I'm not sure if its the sub floor or the joists underneath.
My question is: Should I...
First big snow storm in Connecticut came and went, I have a duplex in Middletown with a common driveway with my neighbor and a back parking lot. Normally a pretty quick job since the common driveway gets plowed by nei...
I heard a BP podcast recently with Rachel Richards as the guest. She mentioned that she had bought a house and converted it into a boarding house type arrangement. She rented the bedrooms, and tenants had access to th...
After flipping houses for over 25 years I'm looking for a new way to make money in real estate. Unfortunitely the "renovating and flipping" business model has broken down. 3-4 years ago everyone started flipping then ...
I complete a housing market update each month for my brokerage and for my clients; figured I would share it here in case it's helpful for anyone else. My data sources are Midwest Real Estate Data LLC (connectMLS/InfoS...