Drew Chance
10 Unit Apartment Building - North Park San Diego, CA
Investment Info:
Large multi-family (5+ units) other investment in San Diego.
Purchase price: $840,000
Cash invested: $3,200,000
Ground up development of 10 apartment units (9 market rate, and 1 affo...
Angel-Ty L.
🔥SEO vs PPC for REIs
This question gets asked countless times... Should I start with SEO or PPC? The answer to this is simple, do both. You have to have to be utilizing both to fully maximize revenue opportunities.If you only focus on PPC...
Jake Wakefield
FHA Loan - How likely is it that they check your residence?
To qualify for an FHA loan, you need to live in the property for 1 year.While I intend to live in my new property for 1 year, I will also spend a considerable amount of time at my brother's house and my mother's house...
William Coet
Interest Rate Increase Adding $420,000/Yr In Expense! Will Low Interest Return?
With interest rates on multifamily having gone from high 4s to high 6s the buyers expenses will be higher now than they were a year ago. A potential seller I know is considering whether or not rates will come down or...
Bernard Joseph S.
Getting creative with buying rentals. Interest only? ARMs?
These new rates are killing cashflow potential in most areas I'm looking so been thinking about breaking away from conventional mortgages. Having never done interest only or ARMs what are the benefits to going this ro...
Charles Salim
How much does it typically cost to foreclose on a property
I have a property that I am owner financing. I’m the lender on the property and was wondering how much the foreclose fees would be around as just a worst case scenario if I would have take the property back or how m...
Peter Burnside
Slow repair from water damage - tenants asking for reduced rent
Had a pipe blowout almost three months ago. Kitchen and basement are torn up from the water remediation and the insurance company has not yet given the go-ahead for the repairs. Tenants have put rent in escrow until ...
Marcus Whitmore
Fourplex Owner Occupant
I have been browsing for awhile and reading. About to jump on my first home as an owner/occupant. The property is currently fully rented. I'm eligible to use a TX VA loan which has a current rate of 3.5%, Zero Down...
Zach T
Putting house up for sale before 3 year commitment is finished
I bought my house when the $8k tax credit came around. My plan is to sell it and buy a double to rent out. I live in PA if that matters. I need to technically live there until October.
Would I be able hire a realtor ...
Richard Moreno
bedbugs !! Legal Advice
So, This is what happened.I just sold my house last week. I was going to sell and at the same time buy a multifamily, but in this competitive Boston market, we realized it was going to take much longer to find a good ...