I recently (late Sept. 2018) purchased a duplex in FL. The property was fairly run down, i.e. overgrown yard, the occupied unit has window coverings consisting of aluminum foil and/or bed sheets/blankets, additionally...
I do not have the intention of this, it simply came up in a conversation with a new wholesaler. I also am not referring to POF "Letters", I am aware of how those work. Just would like fellow agents/investors opinions ...
Have a dumb question to all the real estate investors who rent out their home/apartments AND are making profits from your property: what are your success factor(s)?
I have a rental apartment in New York that can get ...
I was recently searching for an investment property. I came across a very nice 3 family that was updated. The owner had listed with an agent and had no real offers for over 2 months. They had lowered the price by $4...
Hello! Looking for advice from other out of state investors who self-manage their properties that are part of an HOA.
I'm new to whole process of investing with a property inside an HOA out of state and looking for ...
I have not outsourced my property management, but in listening to the experiences of others, I know of very few very few investors who are satisfied with the quality and value they are receiving.
On the other hand, m...
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
I recently had an issue with the power going out in a Chicago unit of mine. ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I h...
This isn't what I was hoping to be doing today, but here goes! I have a tenant in a newly renovated detached mother in law suite, well kept, well maintainanced unit, whose rent of $950 is due on the 10th of each month...
What do you look for in a small town a couple of hours away from a metropolitan area and are trying to buy and hold? Is there a certain unemployment rate you look for? Specific industries? A certain percentage of p...