Some info:In Fairfax or entire VA, very easy to evict, 3 weeks to 1 month. In Maryland, generally 60 days. In DC, if you can evict, 90+ days. It is very tenant friendly. I won't touch it unless it is high end, you wil...
Hi All,
I understand that:
CAP rate = NOI/purchase price
Value = NOI/CAP rate
So, if I want to establish the VALUE of a property, how do I get the CAP rate?
I took the following notes in a...
We have a nice SFR property which we target to professional couples or families here in Oklahoma. We have a good quality blue carpet in the home currently and are trying to decide whether to keep it, replace it wi...
After thinking it won't really happen, something will come up at the last minute, don't talk about it because then it will be jinxed . . . I received a very generous finder's fee today at a closing and consider my...
We're looking at a SFR around $140,000 and the rate our broker is quoting is 5.5% plus $7500 closing costs. This seems pretty high, but this is our first SFR in the Dallas, TX area. We've also looked a private money, ...
well, just seeing what you guys thing about this deal. 4 plex Currently being leased2 units are 2/1 s $8002 units are 1/1 sn $600Sales Price is at 187,000all tenants are month to monthThe current owner is elderly an...
I started off my LLC and currently own 1 apartment. I paid full cash for it. I would like to purchase a second one and would like to use financing instead of cash.
Can I take a home equity loan using the equity in ...
Does anyone suggest or have an opinion on an up&coming wholesaler using a free website or a paid site for starting out? I think that if I could direct people I'm marketing to my email, my phone, and a web address,...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Nanaimo.
Purchase price: $3,500,000
Cash invested: $1,300,000
32 unit apartment building located in Nanaimo BC's South End ...
I currently own 70 acres of land free and clear near Willow Springs, Missouri. I am looking for a lender from whom I can get a personal line of credit similar to a home equity line of credit secured by this land. Howe...