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31 January 2025 | 7 replies
Appreciate any advice at all.Things to note: I have a well qualified plumber tenant for the bigger under house garage already.
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25 January 2025 | 0 replies
Purchase price: $3,636,000 Cash invested: $700,000 This is a brand new 40 home build to rent manufactured housing community.
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29 January 2025 | 0 replies
It was the worst house in the best location. 5 acres just above a lake outside of a desired town.
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4 February 2025 | 18 replies
if you want to buy a vacation house for your family, and you can afford it, and you'll occasionally rent it out - that's great, it's just not an investment.
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23 January 2025 | 3 replies
House needs some Interior Cosmetic Work, Wood Fence Repairs and some Plumbing Work.I want to turn and run, but I recently heard where there is a Problem, there is Opportunity.I thought this might be an interesting Case Study.Thanks for the Ideas.If they owe $180k on a $210k property and its a year+ behind then they probably owe taxes and other bills as well.
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7 January 2025 | 7 replies
Also consider all lenders will require to review your insurance when underwriting a loan and it's likely a violation of your existing loan documents to let the properties go uninsured even if they didn't require insurance escrows.
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6 February 2025 | 10 replies
Consider exploring strategies like house-hacking or BRRRR, and connect with a mentor or local meetups.
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25 January 2025 | 6 replies
The agent works "for free" until the house sells, so taking them out of the deal is theft, and immoral."
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6 January 2025 | 9 replies
If it does go to probate, hopefully your brothers and you can amicably go the informal route vs formal (I've worked with families in both when buying properties out of probate and informal is FAR easier).Since there's no debt on the house, maybe you could sell with financing or maybe you could even buy out your brothers with financing -- that way you maintain ownership and just pay them a monthly amount.
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24 January 2025 | 2 replies
The houses are just a commodity.