I left two voicemails, but I've yet to receive a response, and my check has not cleared. 

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

I called Bill Nickerson to inform him about what Lowery was doing - he told me that’s why he left.  

I ask because the price bubble we are in has left rentable house prices elevated compared to rental rates.

The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.

A contractor left a back door open one day and someone walked into the house and stole $2000 worth of tools.

Unfortunately, this kind of issue seems to happen more often than we’d like, especially with properties that have been operating in a way that doesn’t align with official records.I agree with others that working with a local architect and zoning expert is a great first step to determine if legalizing the property as a triplex is feasible.

Hi all, My grandfather has passed away and my grandmother is left with handling finances for the first time in years.

Hi David, If building long-term equity and scaling quickly are priorities, then option 2 aligns better for you. 

Several hours of work to reach out to Obie’s agent and zero answer from the phone or emails left us unable to confirm the information requested.