Hi,I plan to buy my First estate within the next year, I know that Condos are cheaper to buy usually than single family homes (and sometimes easier to upkeep). Family homes, on the other hand, seem to cost more but yo...
What's the difference between Purchase Cap Rate vs. Pro Forma Cap Rate. I have been using the calculator and can't figure out the pro forma cap rate.
I'm under contract for my first rental investment property for $148,500, contingent upon inspection. It's a single family home that appraised for $159,000. We had the inspection done today, and we were told by the s...
As I have been growing my investment portfolio I have had multiple friends and family approach me about investing together. My business partner and I have decided we would like to invest in an apartment by syndicatin...
Hey all! As posting states, I'm currently dealing with an issue stemming from my neighbor's lot: since 2016, having purchased the home as a shell property, the property owner did next to nothing to repair and/or mai...
Appraisal Risks – Part 1 of 2: The Appraiser Undervalued My Property. What Can I Do About it?
This is part 1 of a 2-part series on appraisal risks. In Part 1, we discuss what to do if an appraiser undervalues your p...
My wife and I (with our new 2 month old child) just purchased a home and are torn on what to do with our 2 bed 1 bath condo.Our new mortgage starts around $2200/mo due to a 2-1 buydown on the interest rate we were abl...
Hi everyone:
We bought a land 2.5 years ago in Somerset New Jersey.It is located in a close proximity to major highways. Next door neighbours are mostly small corporations. There are beautiful developments townhouses...
I have an owner who is looking to get out of her Mobile Home Park.She has NO Rent Roll or contracts that the tenants are on, just month to month agreements. Let me give you the numbers:19 Lots17 Occupied 7 park owned...
Hello! I bought a two-family house in Somerville, MA a couple years ago that has appreciated a good amount. I currently owe $285,000 on the mortgage at a 3.35% interest rate for another 25 years, and believe it will...