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22 August 2024 | 0 replies
Purchase price: $12,000 Cash invested: $8,000 First investment ever.
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21 August 2024 | 5 replies
is there a specific reason you want duplex detached?
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22 August 2024 | 0 replies
Purchase price: $79,900 Cash invested: $26,000 Sale price: $142,000 With the help of an investor and contractor, we purchased a condo at Intercoastal Village in Little River, South Carolina that needed a ton of work.
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22 August 2024 | 0 replies
Purchase price: $315,000 Cash invested: $102,000 Contributors: Jess Haas Rental Type: SFH gut Remodel, with future development potentialCondition @ Purchase: Heavy FixerStrategy: Reno + Hold & develop 1-2 additional units in next few years
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21 August 2024 | 6 replies
What's stopping you from just giving notice to all tenants, or to the new tenant specifically, that the common areas need to be cleared of all personal items and will be removed in 24-48 hours if they're not already removed?
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22 August 2024 | 2 replies
It’s been a while since I’ve posted - quick update:- Purchased condo in 08/2021, fixed it up and it’s been fully leased since 11/2022- Purchased 2 unit in 10/2022, currently living in one unit and renting the otherI’ve gotten my feet wet, bumped my head, learned a lot - but ready to add to my portfolio.
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23 August 2024 | 6 replies
Hello @Brian Coffey - Checking in to see if you purchased that Chicago 4-flat?
21 August 2024 | 6 replies
Here’s a simplified breakdown:Lease Agreement: Since your buddy signed a 12-month lease in July '24, he is legally protected until the end of the lease term unless the lease has specific clauses allowing early termination under certain conditions.No New Lease Signed: Since no new lease was signed for the new home and no formal agreement was made, the original lease terms for the townhouse still apply.Landlord’s Request: If the landlord wants to break the lease or has changed their mind about the swap, they would typically need a valid reason, like a breach of lease terms, or might need to negotiate an agreement with your buddy (buy out)Legal Advice: Your buddy might consider consulting a local attorney or legal aid service for advice on his specific situation.
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22 August 2024 | 0 replies
Purchase price: $245,000 Cash invested: $55,000 Sale price: $375,000 1077 sq ft two bed, two bath condo used as a short term rental.
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23 August 2024 | 4 replies
I'm looking to purchase my own property and want to use the money from the sale of the property for my next home but all the equity is under the business name.