Friends:
Thanks to some great info on this site (Mike OH etc), I finally am taking the plunge. I will close on my first investment property in the next 3 weeks.
I have many questions:
The rental is currently occu...
All, I have 7 townhouses all on commercial loans. 4 are on one loan and I have been paying this for 3 years. It is fixed for 5 at 5% years amortized for 20, and then can be variable. My loan officer said we can ju...
Looking to get into my first MF property. It would be an out of state investment for me. 24 unit asking 850kConcerns-The area doesn't seem to be the greatest. Although broker claims in the path of progress. -Price per...
Hello everyone, My name is Lawrence Robertson and I am a self employed computer consultant and reading tutor for kids. After I got laid off from my job at the Department of Energy, I decided to work for myself. It did...
Hi - I am new to the forum and a beginner as a real estate investor. I’m pursuing my first deal and I’m about to close a SFH and reconvert it as a duplex. The house has a detached garage (which I can rent as storage f...
Can someone recommend a good bank to open a business checking account? I recently moved my cash into a self-directed IRA with checkbook control and am now looking to put the fundssomewhere I can get to them.
I'd lik...
I know, I know it will vary based on costs, utilities, taxes and deferred maintenance etc. but is there a rough estimate that you use for back of napkin calculations for NOI as a percentage of the gross rents?
So I'm looking at buying the house on the left. My issue is going to be the neighbors partial driveway. From what we can tell. They use it to back a trailer up into their back yard. They have a main driveway on th...
Here are my top sources for deals over the last 18 months:
1) MLS-listed REOs. Best deals, cheapest deals I've bought. Often times much cheaper than what I would have had to negotiate from the owner before they got...
Hey BP,I've been through about a year of BP education and feel like it's getting to be high time I pull the trigger on a real property. I'm in an area where it can be tough to make a property cash flow if it's purchas...