Recent content by buylowsellhigh_IHB

Hi, was wondering if there is any type of tool, available to the public, to look up sale price/history/ownership/loan similar to residential homes, but for commercial properties? I'm in the process of looking for a commercial property to lease.. And being in a property that goes into default (or...

Just a quick update for all.... I was blasted by the IAC's along Jamboree offering higher move in discount and lower monthly rate. The rates are even lower than early Sep!!

I didn't check craigslist... it was way cluttered. Plus they are probably offering gimmicks, for undesirable locations. I did let them know i'm close to deciding but the followup calls have started thinning out because i'm basically stringing them along, lol.

Sadly enough I'm still in the process of deciding upon a place to live. Calypso looks pretty neat but yesterday I was googling for their website and came across some pretty nasty reviews on Yelp.... Will be finalizing this week!

Some streets are rediculously crowded with cars while others are OK... depends on the neighborhood. Is it possible to be preferential about this policy and only collect parking fees from certain neighborhoods?

Update: I'm getting followup calls with rent being $50-75 cheaper than when I first went in. As long as you keep the negotiation going and dont make them feel like they lost the chance to close the deal, I think they will keep following up with sweeter deals.

You would definitely need the resources to have these turned around quick after move out. Searching and coordinating contractors/cleaning/painters is a huge pain, as is coming on the weekend and volunteering your time to do your own work...

^^^ You forgot about Anacapa, its a bit higher end than Somerset. But Somerset has one thing that beats everyone.... they have 1BR units with direct access garage.

If new tenants can refer one another. That would be funny. I'm still searching.

Renting to college students is fine as long as you know what is involved with the before/after. Knowing that they are not around during the summer, and the fact that homeowners dont really like to rent to college students, they can also pay a bit more. Just remember that they look at a unit...

^^^ Tell them you are waiting for a friend to "refer" you and see what they say hahahahah.

Yeah, its the socioeconomic factor I'm inquiring about.... riverside county. Trying to differentiate the unemployment rate between white vs blue collar, etc etc etc. I don't know how the pre-screening method can be to prevent it from being discriminatory or against the law, but i think that some...

^^ After looking at the apts this weekend it didnt feel like they were at 50% occupancy, at least not for the ones I saw. Two with low occupancy are avalon (not even 100% done yet) and Calypso (i would say 80-90%), and Las Palmas... but not as low as 50%. Its also possible that they are...

I appreciate your being straightforward.. and of course, I would be crazy if I can put $50k down on ONE property in riverside and expect that to pay my rent. At most it would be $200-300 monthly cash flow positive situation, and at +$200 a month on $50k its still ~4.8% return without considering...