Hello All! I've been meaning to make a new member post for some time now. I will start a seperate thread there at some point, but as I am in need of help with my first property, I figured that I would do a brief...
I have a private loan from a family member for a REO property I purchased 6 years ago as an owner-occupant. The loan is for $120k with 3% interest only payments each month. The loan terms call for me to re-pay the $...
I’m currently under contract on a mixed-use property that is zoned for CB (Commercial Business). The ground floor is occupied by a commercial restaurant, and the upper floor is designated as SRO (Single Room Occupancy...
Hey everyone.. thank you so much for letting me learn from all of you.Very interested in learning the real estate process and looking to make my first purchase very soon (like before October soon)Things that I want to...
Dear experts, I would like to invest in a rehab for 10% APR for 6 months. The house purchase price is 85k, rehab cost I'd about 20k. The loan will be secured by a mortgage on the house in closing.My questions for pros...
i'm finding it hard to keep abreast of the most recent interpretation of the ongoing CO and smoke alarm rules as applicable to all units in CA, whether owner occupied, multifamily, mixed used, commercial, etc.my area ...
Just as the title says... Trying to get organized and seriously need some software. I manage my 6 units myself and the ole ledger isn't cutting it anymore.
Hi everyone,I started a new construction project in Cape Coral nearly 3 years ago and after very little progress and a few escalations, I've fired the builder. I'm exploring all options at this point including finishi...
Apartment - asking 450. Can get it for 425Total FeesHOA- 397Taxes- 388Insurance- 157Would put 200-250 k down.Renter in it now pays 2650. Probably can get 2800 to 2900Is this worth the investment?
How do tax assessed values on commercial/residential properties go up or down?I'm looking at a commercial property that has been assessed at the same amount, $94,400, since 2007. It's a 5 unit property in a decent nei...