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Moderators please remove if not allowed: Hey everyone, We have a recently vacant home in indi that needed a quick turnover for next renter. Our PM’s preferred vendor send us this quote. Looking at the prices , along w...
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So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
I inherited tenants at a duplex I bought in February. Both units had low income racial minority families with school-aged children. (Race is relevant because I'm white, and there's a well-publicized issue in Portland...
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We are under contract for a 4 unit apartment complex in Taft for $170k.Each unit rents for $575. Currently, there is 50% vacancy. It was advertised as fully occupied. I talked with one of the tenants who has lived the...
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Curious if anyone has had any recent quotes on 30 year loans for an investment property.I'm looking at something this weekend in Kentucky. Excellent credit and a 30% downpayment. My credit union quoted me 6.375% but t...
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Hello Everyone,
I was at a local real estate investor group meeting last night, and I was told something that I could not believe at first. I was told that amortizations are never good, especially for 30-year mortgag...
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The end of the 1031 exchange.... It's a statement that seems more fit on a sandwich board sign wandering a street corner right next to "the end is nigh" yet, here we are in a living reality where it was not only spoke...
Hey BP!So there is this home in my neighborhood. It is in a very great location here in Richmond Texas. I always knew for awhile no one lived there due to the condition of the fence and the backyard is trashed. Unfort...
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Do you think it will be a Recession 2020?
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I was wondering if any on here have successfully used bubbles for structuring seller financed notes. The concept is to get a small balloon payment for less than the full amount of what is owed on the note to meet the...