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12 September 2024 | 6 replies
There's a website called intelius which allows you to do unlimited people searches in a 24 hour period for only about 25 bucks.
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13 September 2024 | 12 replies
Newbie here, hoping to buy something later this year or maybe next year. Not quite ready to spend the money yet. For now I'm perusing the market as a kind of hobby to see what's out there.Cash flow options seem pretty...
15 September 2024 | 33 replies
All done through govdeals.com At this point the easiest and simplest and least costly thing to do is to just go to your local attonrey that does real estate closing and Pay for a title commitment/ We call them preliminary title reports on the left coast.. get the report and read it.. usually cost 200 to 400 bucks.. we get them for free from our title companies based on our volume of orders we send them..
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11 September 2024 | 20 replies
I was first told that I needed to get a contractor, because the city saw our 6 duplexes as a single lot and thus saw them as multi-family, but then I've just applied for myself for each duplex and everything was fine.
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12 September 2024 | 2 replies
The 3 properties are all listed separately but would certainly sell as a portfolio. Augusta, GA’s housing market has remained strong and steady through the ups and downs nationwide due to our large military base, Ft. ...
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13 September 2024 | 1 reply
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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10 September 2024 | 4 replies
Or maybe jump right to a $1 BILLION/mo?
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12 September 2024 | 29 replies
SFRs and small multi family are the most abundant types.
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13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.
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21 September 2024 | 69 replies
Buying a multi-family OOS with all the unknowns and my property taxes and insurance going way up is a huge risk.