
5 November 2018 | 4 replies
I have talked to several lenders and am not sure the best route to take for financing.Issue 1.

16 November 2018 | 2 replies
I have a decent budget for a down payment for several units and I was thinking of starting with something like the following...Unit type: Condo (only looking at turnkeys; not going to rehab - much)Asking price: $182,000 - would offer $160,000Fair rent price: $1,600/moProperty taxes: $2203/year; $184/moHOA: $223/monthMortgage (P&I): $635/moLandlord insurance (estimated): $20/moOptional considerations:Property management: $160/mo (10% of the rent; I am not going to use property management at first; I will manage it)Vacancy: $160/mo for as long as it is vacantRepairs: $80/mo as neededI obtained the optional numbers above from here:https://www.biggerpockets.com/renewsblog/2013/01/1...This comes down to...Worst case scenario of $138/month given vacancy, property management, and repairs.Best case scenario of $538/month without any of the optional considerations - so hopefully this is the profit I would be looking at almost every month.Thoughts?

11 March 2019 | 17 replies
I always have my lowest offer as the cash offer, my highest offer as the seller financing offer, and my middle offer as the split seller financing offer (small down payment & seller financing the rest).Using all of these options not only gives the seller several options to choose from but it also allows me to make a discounted offer.

11 November 2018 | 4 replies
I've heard several folks on various podcasts mention CRM's as a helpful tool, but rarely are names mentioned.

9 November 2018 | 15 replies
No mention of this in the auction listing.Another had a split foundation--splitting in half by several inches, front to back, repaired with foam.

10 November 2018 | 3 replies
My father in law has done this several times.

13 November 2018 | 7 replies
@Adrienne Medina,You should establish truly self-directed Solo 401k plan (you qualify as self-employed and it has several major advantages over self-directed IRA).

28 November 2018 | 16 replies
I know several people and even some people who sell and sold Real Estate up there; they could have and because of statistics, most likely lost everything like everyone around them(not confirmed, so hopefully the statistics are wrong).

12 November 2018 | 12 replies
She told me that her daughter would be out of town for several weeks and i could spray during this time.In the meantime she has the roach bait and I expressed the importance of throwing garbage out nightly.

16 November 2018 | 66 replies
If listened to about 200 podcasts, read tons on BP and read several books too.