Hi, I'm struggling to make a SOUND first RE investment, and wondered if I did the smart thing today or blew a great opportunity. I'm too green to be sure:
After looking at what land parcels in the same town were goi...
Here are the facts:
In July or August of 2019 we were selling one of our most expensive properties at the time for $330,000. We got a couple who wanted to buy the property but couldn't qualify for the loan at that t...
What is the market standard for determining a property's Cap rate and NOI? Do you get a professional appraiser or is it just as off the cuff as it appears to be on Loopnet?Are their certain expense items you can leave...
We are working on a deal for a commercial loan for a 20 unit property. This is the first time we have tried to buy something this big. Our loan officer and underwriter said they will be taking our deal to the loan com...
Salutations, I'm curious if anyone is crushing it in a rent control market with MFU (duplex, triplex, quadplex, etc). Rent caps and just cause ordinances make it intimidating to enter markets where these restrictions...
I have a 4-unit building in Buffalo, NY. I am in the process of renting one of the units. The applicant is in a program where she receives a rent stipend up to $960. Rent on the unit is only $700. The stipend doesn't...
Has anyone looked into the Armando Montelongo course?
I've been holding a few properties for a number of years now, and have been able to scrape by with my bookkeeping well enough to file my taxes. But now that I want to start growing my portfolio again, I know I need to...
1) Is it true that to invest/buy a multi-unit apartment one would need minimum 20% down payment? If that's true, isn't that only possible for big finance companies (not for individual W2 earners, despite solid income ...
My parents rented out the first floor of their bi level house in New Jersey to a horrible tenant and now they have asked my help in evicting this squatter. My parents did not make him sign any lease and only took cash...