In July 2014 I bought a 200+ unit deal in Dallas, TX for $6 million and at closing the property appraised at $7.4 million.The deal was off-market and I located by doing a strategic direct mail campaign.This was a toug...
I have the opportunity to purchase a 100 unit apartment complex. The owner had recently taken out a CMBS loan that offers no ability to prepay without a significant penalty. We would need to assume the loan at a relat...
All,I currently live on 5 acres of land with my home towards the front of the property and a 960 square foot workshop/garage about 160 feet behind my house. The workshop/garage has gas, electric, water & sewer run...
What are the options and advice for a landlord who has a tenant who states that she has had a heart attack, and she is already late on 2 month's rent. Assuming she's stating the truth, and giving her the benefit of be...
Searched and didn't find much information. I realize this is by no means the best way to estimate construction costs but I was curious what the avg construction cost is these days in Los Angeles. I'm not talking for...
Hey guys, rookie investor here. I'm looking for my first investment property and several properties I've looked at come with a tenant in place. I'd like to know what the seller is obligated to disclose about the tenan...
The braggable joys of a primo location. The convenience of being able to walk to get your soy latte or see that indie film from the Czech Republic. The frustration of multiple bids. The cost.
Buying in the city comes...
Since the turn of the year, nothing changed overnight. Corona Virus still affecting major part of the world and real estate has it's own reaction to this epidemy. As the interest rates sunken the market went on even c...
Hey BP,Excited to say that we're currently under contract on our second investment property (our first multi family), located in Hendersonville, NC - about a half-hour outside of Asheville. We plan to offer some of th...
Tenants left the washer valves on when moving out causing serious damage when Water Authority turned the water back on.
1) Tenants disconnected the water a week before the move-out date without informing my PM. The ...