Posts Tagged ‘Property’

When you convert your investment property to primary residence are you required to notify your lender and refi?

November 23rd, 2011

What if you convert from primary residence to investment property? Do you have to notify your lender? Do you have to refi?

Aren’t the interest rates different for primary residence and investment properties?

What do commercial property estate agents mean by “premium offers invited”?

November 17th, 2011

UK estate agents often write “premium offers invited” on commercial property details – particularly those that are ‘under offer’. They offer no further explanation or clarification. Surely they can’t blatantly be encouraging people to gazump their customers… so what do they mean?

Can you name any of the famous no money down techniques to buy investment property?

November 16th, 2011

such as single family homes that would be kept as rentals? I am speaking of the no money down techniques that do not involve obtaining a mortgage from an institutional lender.
how would these techniques work?

Can a flat be sold separately if it is part of a commercial property?

November 12th, 2011

Somebody I know owns a commercial property with a flat above it. Can the flat be sold separately and that the commercial property is in the U.K

What are best practices in residential & commercial property management?

November 7th, 2011

For my business school project, I would like to create a work flow of the best practices in property management in DC/MD/VA for commercial and residential properties. This would include the steps and form for:
a. taking in a client that is/will be a property owner; and
b. taking in a client that is/will be a property renter.

Trade organizations that I have contacted (BOMA, IREM, and NARPM) do not have any such documentation (or did not want to share with a student). I do not know anyone in the business so I cannot interview a company, as much as I would like to.

Can you help me?
Do you have a website at which I should look?
Do you work in a property management company and are willing to take a few moments for a phone interview?
Do you have a suggestion of whom I could talk to?

thank you.

Need great tagline for a Commercial Property company?

November 1st, 2011

Please help me find a great tagline for my company. It is in property development (commercial, residential and retail). Looking for something catchy and professional sounding.
Thank you in advance!

I want to purchase a commercial property w/ attached apartment?

October 27th, 2011

I found a great deal on a commercial property and I need to know what I can do to purchase it. I have never done a commercial type loan. Are there mortgages for these types of buildings? Asking price is $385,000 and I would need to do close to 100% maybe 95%. ANy suggestions would be great.

Can you buy commercial property with no cash or credit checks?

October 22nd, 2011

Can you buy commercial property by using only its rental income?

Can someone site a specific IRS reference on the taxation of real estate option income on commercial property?

October 17th, 2011

If I receive $4000.00 for per month for rent on a commercial property and an additional $1000.00 per month for a 3 year purchase option at $500,000.00 that the option proceeds are not income until the option expires in three years or are exercised. If the option expires it would be ordinary income and LTG if exercised.

How to Sublease a Commercial Property?

October 6th, 2011

I made a mistake and signed a two year lease for a commercial space and now it is catching up to me. My landlord has agreed to allow me to sublet the property to another tenant or if I can find a tenant who wants to lease the space for 2 years, my contract can be completely voided.

I have been trying to find someone to occupy the space for 3 months now, and it’s not easy. I have posted several times on Craigslist and received 4-5 calls, but only one person even came by to look.

Does anyone have any other suggestions on where I could look for a tenant? The space is 1800 sqft and located on the 2nd floor, so it would be ideal for most businesses except those that are looking for a retail space. I spoke to a couple realtors, and no one seems too interested in helping me lease the space.

Should I take out a newspaper ad?

Should I pay for an online listing service?

Are there other places like Craigslist to post? (I find Craigslist the most popular)

Thanks!