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26 December 2024 | 6 replies
So buyer beware, he makes it sound good to get your money, then tells you you can get a refund within a certain number of days.
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9 January 2025 | 28 replies
It also sounds like you may be stuck in analysis paralysis, or you are just looking for that perfect property.
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25 December 2024 | 2 replies
I am not sure what type of real estate investing you're considering, but it sounds like, with your family and busy job, you won't have a lot of time to be hands-on or personally involved.
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16 December 2024 | 19 replies
Landlords can enter a tenant's property for a variety of reasons, including: Making repairs or replacements Responding to a tenant's request Removing unauthorized window coverings Preventing waste of utilities Changing filters, testing, or replacing smoke detector batteries Inspections Helping with an emergency inside the unit Posting a notice of eviction"Research your state laws because some of your comments indicate a lack of understanding of the landlord/tenant laws where you are operating (like threatening the tenants to keep the security deposit if they don't respond to you, I doubt that is actually a valid reason to keep their deposit, or evicting for late payments, or charging the tenants for your warranty repairs because you missed your 11 month inspection window which was your responsibility, and it looks like your lease says you can charge up to 18% interest for unpaid fees, is that actually legal?).
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18 December 2024 | 3 replies
It sounds like you’ve got a great opportunity with these two mobile home parks, especially with the flexibility that seller financing provides.Out of curiosity, what terms did you negotiate for the seller financing?
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27 December 2024 | 12 replies
Sounds like I am going to have to do some further research on how to investigate past evictions since it seems there's no catch-all approach.
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16 December 2024 | 1 reply
However I have had to replace some major appliances recently which had put my in the defecate and added to my motivation to sell (Hot water heater, two refrigerates and a washer/dryer).
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12 December 2024 | 9 replies
However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?
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21 December 2024 | 1 reply
In your case, it sounds like a similar story.. you identified a property with potential, tackled the structural work, and brought it back to life in a way that justifies a higher price.
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19 December 2024 | 3 replies
Cash Out RefinanceThis will allow you to pull a portion of your equity and will replace your current mortgage (assuming there is one).