Posted on December 09, 2009 by admin

SUMMARY Greensboro Commercial Wholesale Deal boasting a Potentially 14.3% Cap Rate! Apartment consist of 3 buildings, a 2-story apartment building, 3-story apartment building, and a house used as the property management office. There are 17 total apartments, all bedrooms have there own bathrooms. The unit mix is 10 – 3bedrooms and 7 – 2bedrooms for a total of 44 units, bedrooms and bathrooms. Each apartment needs an HVAC unit. The walls will need repair where the copper condensation lines runs through the rear wall of each unit. The home is a 2 bedroom 1 bath property and has been updated and sits on the corner. The 2 story building does have a Riser Room and is on a centralized sprinkler system monitored by the Fire Department. The 2 story building was not required to have a sprinkler at the time of construction. Most of the units, with the exception of a few, have all appliances or select appliances. The units were completed when built in 2005 and have CO’s for each building. They currently need repair and cleaning due to being vacant and vagrants .

Posted on August 26, 2009 by admin

Someone said to me the other day, “since we are in a recession, give me one good reason why should I invest in real estate?”

It caught me off guard , I couldn’t even answer the question because it was just too funny to me. But now that I’ve gained my composure back, I would like to answer that question with not just one reason, but with 50!

But before we get into this, I want to touch on just a couple of things. Real estate investing consist of several investing strategies. This includes purchasing rental properties,

Posted on August 24, 2009 by admin

As an investor, the idea investment is one that I can buy, sale, and make a modest profit with as minimum hassle as possible. I imagine that this idea is basic with all investors. Yet I don’t understand why more and more investors are not taking advantage of the current market by selling their investment properties with seller financing.

Seller financing is my most preferred exit strategy for homes that I purchase via cash or subject to. Seller financing offers more advantages to the seller and buyer. Not to mention that the current market is full