
14 February 2025 | 5 replies
It is a duplex near scranton PA. the Mortgage is about $2,400 and each tenant pays $1,550 monthly in rent so I make about $700 in cash flow monthly.

20 February 2025 | 8 replies
If I can pay it off in a 7 years I’m fine.

30 January 2025 | 19 replies
Property damage, excessive wear and tear, but paying, that PM has an incentive to look the other way, don't they.

28 January 2025 | 4 replies
We only needed to pay earnest money and a portion of the closing fees bring upfront investment to 12-15K.

7 February 2025 | 6 replies
You can probably pay for a course when one of the sucker roadshows comes thru town, but it is a ton of money.

14 February 2025 | 6 replies
Unless new companies create replacement jobs, the only remaining positions will be lower-paying service sector jobs.

31 January 2025 | 7 replies
The property owner's tax professional can help them with that and ensure they don't pay taxes twice on the same income.Disclaimer: My advice/opinion in this post is just that, my opinion.

19 February 2025 | 20 replies
@Robert Brock, I guess my advice is not really any different than I would say to someone wanting to be a residential wholesaler: you need to add value to the transaction.Often times, having the deal tied up is the value, but more often then not, in my limited experience with commercial wholesalers and residential, the wholesaler has no idea what someone will actually pay, so they tie up a deal at too high a price and then add their fee that turns a bad investment into a horrible investment.

31 January 2025 | 10 replies
If you truly are limited on time or can't make investing a priority, you should look for smaller projects as others have recommended.1) General Contractors are available to run your project, but most are too expensive to make ROI work on smaller projects. 2) A great PMC can act as a Project Coordinator for rehabs, but many won't be transparent about the costs, so you know what you are paying for.

5 February 2025 | 13 replies
Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties.