Hi Everyone,(LONG POST WARNING :: LOTS OF THOUGHTS) I came across an opportunity to purchase a multi-unit building for an amazing price. It was one of those "this is way too good to be true" situations and figured I n...
Hello, I have a client that has 500k in gold that will be selling it in order to purchase a property. Not sure how that will affect him personally for tax purposes, any advice would be greatly appreciated. Does anyo...
Hello Everyone,I am a very new investor, however technically you could say that I've done 2 deals, though I really consider 1 as official. The non official one my father purchased (with my recommendation) in Portland...
Hello Everyone,
I'm reviewing a deal, 24 units with Low occupancy (50%) and i'm having trouble to estimate what I should offer. There is a low occupancy because at least 10 units need upgrades and it's poorly managed...
I have a 4 plex in Visalia, CA (close to Fresna, CA) that is under contract. I just recevd the agreements.. it's $600 (section 8), $600 (section 8), $550 and one vacant.
i will have a mtg on it about $950 a month.
Do...
My first rental is up and running smooth. I bought it outright, financed the costs to fix it up but need to wait 6 months from the purchase date to get a mortgage on it to cover the fix-up financing (5% with mortgage...
if you have a VA loan you're sitting on a gold mine and you didn't even know it
Am I correct to understand that a bank or credit union will not negotiate their current set mortgage rates for a small time rental property purchaser? I do believe some banks may have slightly different rates. Do ba...
Hello BP. I'm a commercial agent in Los Angeles and I have an off-market land for sale in the heart of Koreatown, Los Angeles. I haven't had much experience in land and I was wondering how ya'll usually go about eva...
I am just about to move into my new 4 unit property. I have read up and know all the basics I need to set up but what does everyone feel is something they wished they had done in the beginning?