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I have a question and it revolves around selling a property. Let me outline the situation:- We purchased a property in 2021 for $245k and now we can sell it for $350k. We currently have a 2.99% interest rate.- The pr...
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I need some input for a SF specific situation that no one but those who knows the tenants laws in SF could possibly understand:I purchased a 1 bdrm TIC to live in, moved back home temporarily (so I thought) when my mo...
So I've seen a variety of answers to this question so I'd like to hear some personal experiences with this one. I'm wanting to know if a HML will lend rehab costs in the loan. Say a property is listed for 25K and need...
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Hi! I'm fairly new to the site (been browsing for a week or so) and haven't landed on exactly the information I'm seeking, so I thought I'd post my questions instead.
My mother sold her house in the southeast recen...
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Hi,
Here in the UK some realty agents are marketing Atlanta properties which they say give 12-14% of the property value back each year in rent. Normally here in the UK we get 5-6%, so this is of interest.
However, s...
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Hey guys and gals,So I'm getting out of the service, transitioning to the reserves actually, if all goes well next year. Planting my feet in the New Jersey area, specifically Essex county or around there. I plan on bu...
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I hope this is the correct place to list this question....I'd like to start trying to look at sold properties in my area each day to get an idea of what prices things are going for. Other than the MLS does anyone hav...
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Tell me if I'm wrong...
Our company has approximately 1,000 units under management, and we have a couple of our smaller clients that we have that present concerns with having tenants on month-to-month leases. I'm sur...
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I’m renting out one of my five units in a small apartment building. The one prospective tenant wants to pay for a full year of rent up front at once. It’s about $16,000 for the entire year. Sounds good to me initially...
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Hi, All
I am practicing analyzing MF deals in small cities in Georgia, such as Columbus, Macon, Griffin, etc.. These properties are mostly in B and C neighborhoods. What are reasonable cap rates I should plug in for ...