In my area we have had several car manufactures move in and the next one will be Volvo. I'm interested to know from any investors up near Spartanburg, Greer, area of South Carolina ( BMW Plant was built years ago) Wh...
We bought this building with a partner one year ago. We added a 3rd unit and rehabbed the building. I want to refinance and cash my partner out. The mortgage is 350k and the property will probably appraise for 850 to ...
What is the logic in holding Adjustable Rate mortgages (ARMs) and Balloon rates in a rising rate environment? At some point in the future, rates will rise and/or notes will balloon and your cash flow will be affected...
So I had lunch today with a local real estate investor and he told me he felt discouraged that property management companies he had interviewed were so focused on occupancy and not focused on pro-active preventive mai...
I've had a few vacancies and all have gone smoothly. Recently I had one when I acquired a new 4plex and it's taking a lot longer and seeming like I have a lot less interested. I'm wondering your take on how you fill q...
Hi BP,I want to figure out exactly what I want to purchase and save for, but first I want to decide where I should purchase my first property. Is there a trusted way to find out the best areas to invest in right now?T...
The trustee did a premature appraisal before staging and before new paint, new carpets, new furnature, and these are the results.House is at Belmont, CA 180deg. View of SF Bay
2.40M (1st appraisal) 2.45M LIST (+400K...
I initially learned to offer 70%of ARV - repairs for MAO and wholesale/assignment fee; however, I have traditionally operated at 65% - repairs, etc. since most HM lenders cap at 65% LTV.
I have never had trouble get...
Looking at a lot that is 8 to 16 acres for new construction of multi family units. It's a growing community with future city development and a large rental market as it sits between 2 larger cities that feed the housi...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $145,000
This was my wife and I first home purchase. We bought a condo in a quiet community 15 minutes from downtown S...