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“The True cost of yield”Was the l captured off the g-chat window with my brother, after whining to him about some $hitstorm I created for myself, and had no one else to blame but the muppet in the mirror. Long story ...
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I was working with some investors yesterday and were calling some of the local banks in town. Thank God owner-occupied loans are still under 5% but I had some lenders quoting us 6% on a fixed 30-year for investment pr...
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What is the normal percent of earnest money deposit on a commercial deal? Agreed offer is $900K and the seller sent their own contract asking for 15% intial deposit for the Title company escrow instead of returning th...
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After getting the hang of analyzing 2-4 family properties, I'm starting to look at some vacation properties as well. What are some of the added expenses you deal on a vacation rental? Off the top of my head I'm think...
http://www.nyrei.com
Hey BP, I recently came across this site when I was doing a search on seminars in my area. It's called New York Real Estate Institute. Is any here familiar with them ?. I added the link ...
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We tore up carpet this past weekend and while the hardwood underneath looks good, the previous owners used not only tack strips, but also decided to staple the carpet padding directly to the hardwood in "rows" through...
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I've come across this product, and I'm now testing it out. It's an online commercial real estate database of six million building owners, including phone numbers, mailing addresses and building details. The database ...
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I'm a wholesaler in AZ. I'm new multi-family, but have wholesaled SFRs for over 5 years. I write purchase contracts, I assign them in escrow, and I show up on the HUD. I'm careful. The vast majority of my stuff closes...
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I have been searching online for mailing lists for commercial multi family properties and came across a site called “Reonomy”? Has anybody ever used them before? If not, who do you use other than ListSource?Disclaimer...
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I wonder if future rate increases would decrease multi-unit price?Since multi-units are priced based on CAP rates, they will be interest rate sensitive. Ie buying a multi-unit at 10% CAP makes sense in a 3% treasury-...