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Results (265)
John Conte Wondering if I should go ahead with a sale
1 December 2020 | 5 replies

Hey everyone, I bought my first building in 2017, for 85k all cash. Put another close to 35k Into it, bringing me to 120 in equity (one of the improvements was a new boiler for 17k in 2017, not sure if i can declare t...

Chris Pflum When to walk away from a fix up and flip opportunity
6 February 2017 | 1 reply

I've got a project I was getting ready to close on and decided to walk away.  Over the past couple weeks, there have been numerous surprises, from mis-stated property description to surprise closing fees, that have ad...

Kim Hopkins How To Write LOI that Holds Seller to Cap Rate
27 September 2023 | 17 replies

Hello! We have a great prospective property we're looking at. The broker OM says they're selling it at a 7.5% cap rate and $5.7m purchase price. Based on our experience, We are pretty sure their expenses are understat...

Michael D. Lesson and Question (Pittsburgh, PA)
7 July 2013 | 4 replies

I learned a valuable lesson recently - trust but verify.

But first, the question:
I have a 9-unit building in Millvale (Pittsburgh), PA. It has 3 separate addresses, each of which has a master water meter. Sewer and ...

Nick Coons Slightly Lowering Interest Rates on BRRRR
19 April 2023 | 15 replies

TL;DR - Get your investment back without doing a cash-out refinance.Something occurred to me the other day when talking with my lender. This may be something that everyone knows and I'm just late to the game, but I th...

Greg Morey Defining whether a Property is entitled
29 August 2017 | 0 replies

I am new at this so please bear with me.  I'm shopping financing to acquire <8 acres along the ICW that is already zoned for 9 lots with boat docks.  An investor asked me if the property was entitled.  The City has...

Joseph Pisano Sale of Billboard Easement
3 June 2021 | 1 reply

I am looking to sell my billboard easement in Southern Texas. All expenses are paid for by Lamar. Its a new 20 year lease with 20% monthly gross revs. I am being told I can sell for near a 6% cap ($17k/m). Are there a...

Haiyang A. Seniority between two mortgages recorded at the same date/time
7 September 2020 | 13 replies

I was looking at an upcoming bank foreclosure and noticed that the original owner had two mortgages recorded with the same date and time. The current foreclosing mortgage appears to be of lesser amount ($20K vs. $90K ...

Karen Johnson Bait and Switch
11 October 2023 | 5 replies

Tenant lease ends 10/31. On 9/18, tenant advises they wish to go month-to-month via text. Month-to-month lease is sent to tenant but they do not sign. Today, 10/10, tenant advises they will not sign and want to move o...

Susan M. Problems w/ Allegiancy DST's? Alorica DST in Texas. RE Gain Fund LLC REIT 721.
9 January 2025 | 11 replies

The DST I purchased with Allegiancy (Alorica DST in Ft Worth, TX) did not do good due diligence (in my opinion) regarding the structural quality of the buildings they purchased for this DST in 2022.  The DST is losing...