2020 is almost over and it's been a year for the record books. Even for my portfolio, I took the leap into short tern rentals this year and bought a house in Corolla. The purchase process was by far the most complex I...
when buying a multi family property whether a 25 unit or a 60 unit. what percentage of the purchase price is typical to pay in closing cost?what are typical closing cost other than what I listed below?Title, inspecti...
When you’re deciding whether to lend to someone, what do you look at first? Is it their credit score, their track record with loans, or the investment they’re trying to fund? Do you rely more on the deal itself or the...
Hey everyone, I'm just starting out and haven't pulled the trigger yet on a property and constantly refining my proforma model but wanted to seek advice on estimating rehab work. Most of the deals I'm looking for are...
Hey guys! Hoping to see if some of you could give me some insight on what you would do. So here's the situation. With my trade (day job) I have the ability to go to different neighborhoods and see what's out there tha...
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....
Hi, I had a tenant move in a month ago and already she wants to end her lease a year early, she signed a two year lease until june 2015.She claims she and her boyfriend want to buy a home and wants to end her lease in...
Commercial Real Estate Investment > Residential
Many co-workers/friends (upper-middle class) invest in residential real estate to rent out and do airbnbs or furnished finders. But, no one I know is in commercial r...
I'm in a fairly hot Multifamily market in Northern California. My agent and i just made really strong offer, over asking price with a 30 day close. We were beat out by the same offer, without a inspection contingency...
I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...