Lynn Cornell
Dallas Rental Market
Hello everyone! I am thinking of selling my condo in the LA area and do a 1031 exchange. The condo has been rented out for 6 yrs now. I will probably net around $325K after all expenses and fees. I would like to reinv...
Account Closed
I got pre-approved for a loan today!
I talked to a mortgage lender in my area, and after a few minutes of talking he was clearly excited about my situation! This got me really excited too, and he told me that I am formally pre-approved for a loan! I am t...
Olena M.
Proposition 10 on November 2018 Ballot
"Supporters of a state ballot initiative to expand rent control options for cities across California announced Monday they had gathered enough signatures to qualify the measure for the November 2018 ballot.If passed, ...
Joe Smith
Inspection Contingency and Due Diligence HOW TO USE IT
My offer on my first multi-unit (7) was accepted. Since then I have been talking to insurance agencies, finance, code inspectors, and researching taxes more carefully. I no longer think it is a good deal.. I have a...
Brett D.
Newbie's first offer in Santa Clarita (Los Angeles), CA
$489,000 purchase price$10,000 face lift$1698 mortgage (25% down and a 3.75% rate at 30 years)$307 taxes$175 insurance$175 HOA$118 vacancy$29 maintenance$59 CapEx$2561 total expenses$2950 rentDoes this seem out of lin...
Tom Fitzsimmons
Rent to own VS buying
I'm leaving the rental lifestyle, and plan to buy. I have been looking into the Rent to own strategy, since it does not require such a large downpayment. I'm looking in Arlington and Alexandria VA to try this strategy...
Chase Gu
Age of apartment building
Hi - Many of the multi-family properties I have been looking at were built in 50s or 60s. Rarely did I see newer properties built after 80s/90s. Do you only buy properties that were built after certain years? I am ...
Prisha Acquesta
Business Opportunity - Good or Bad
Hi All,I am a newbie to business (been a RE investor for a while) and need advice from folks on this forum.I am currently in a dead end but decent paying job that I desperately wish to leave.I am evaluating a business...
Ram Chandrasekaran
REO, REHAB and Re-Financing - Request Expert Comments
Team
We are looking to buy a REO in Alameda County - Fremont, Union City and Newark (one of these) and are planning to move in there. Currently, we live in Concord, CA. We saw couple of houses and one is listed (REO) ...
Matt Allen
Cape Coral New Construction
I am strongly considering new build construction in NW Cape Coral Florida. The new build is still on the well/septic system but I am being advised that conversion to city services is several years away. I am also advi...