18 February 2025 | 1 reply
I was informed by my GC that over the weekend, the brand new HVAC was stolen.
20 February 2025 | 8 replies
Be sure to call all prior landlords as well!
19 February 2025 | 2 replies
Well, you just scored!
17 February 2025 | 10 replies
They will provide this information when you register for the auction and it is usually available in the listing as well.
18 February 2025 | 4 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
19 February 2025 | 8 replies
In other words held for steady cash flow.My VARIABLE (note) PORTFOLIO consists of more active/speculative notes - non performing notes I purchased at discount to principal owed; notes I hope to “work” for enhanced ROI, real property I “purchased” with a leaseback option to repurchase, and defaulted notes I purchased planning on eventually taking ownership of the real estate, as well as notes I created that don’t have current payments but provide a guaranteed return plus an equity “kicker” when the property is sold.
19 February 2025 | 4 replies
Really the person that is going into the flipping game should know the market very well to do these comps on their own, and back it up by asking their trusted real estate agent/professional for confirmation.
17 February 2025 | 6 replies
Multifamily real estate has traditionally been a stable asset class, and the Washington D.C. metro has traditionally been a stable market area, making the two together a good safe bet, especially for anyone with a long-term view of their investing strategy.
19 February 2025 | 5 replies
We are very much interested in commercial units as well as single family condos.
19 February 2025 | 6 replies
An agent can represent a seller or a buyer even if they don't own the property, but they have to have the owner's approval.If the "seller" doesn't meet deadlines, it's probably a wholesaler who is having diffculties of some sort with the actual seller.So, either I misunderstand what is actually going on, or some information has not been conveyed.