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By now, many of us in the multifamily world, and in real estate in general know that a Dallas based syndicator recently lost $230,000,000 multifamily portfolio in Houston TX. 3,200 units foreclosed.It’s very easy to t...
since the party is over now and there is no easy money to be had by non qualified borrowers, we as investors are going to need to continuously come up with innovative and creative means of financing to get deals done....
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For quite some time now there have been many people saying sites like Zillow and Trulia were going to make the real estate agent as obsolete as the analog television or the travel agent.I don't buy it. Either do the n...
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Is the auto industry big enough to create ripples in RE markets? If so, why? The UAW just escalated the "stand up" strike to 38 new locations. This includes everyone already striking. This affects thousand of UAW memb...
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Hi everyone,We just closed on a triplex - and are of facing those same issues of inherited tenants... i.e. below market rents (by about $400,) questionable histories since we didn't vet them ourselves etc etc... but b...
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Hello. I'm looking for some feedback on a group of potential tenants that are pooling their resources to live in a 4 bed, 3.5 bath condo.
There are 2 adult females and 2 adult males along with 2 17-YO males.
Cummula...
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Reposting from deal analysis forum section. I do not want to create a new topic in the forum because my question is related. I went to the MHU boot camp and I understand why 30+ units park makes sense. However, does i...
I am a young adult and I have been pondering on real estate for quite some time. Recently, though, I have been more indulged in it than ever. I want to take my first steps towards being a landlord. Being a young, igno...
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My background: I'm a 33 year old engineer that has one 4-10 job and does contract work on the side for an average of 65hrs a week. I have $150k cash to invest in, I have an open line of credit for $250k with a gr...
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I have a homeowner who owes $50,000 on her house. She and her husband can no longer make their payments. I talked through everything with her and will be going out to see their house early next week (6/5/18).My deliem...