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27 September 2018 | 0 replies
It's really old and was not put in by the current owners so I don't believe its an intentional cover up.The inspector says the foundation doesn't make him nervous, but of course that's one person's opinion and people do miss things.Considering having a structural engineer take a look as ripping out the floors in the basement is out of the question.Any thoughts or suggestions?
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28 September 2018 | 4 replies
Hi Everybody!My tenant asked to be let off of his lease 2 months early and I decided that I want to sell the property so I offered them the deal that if they paid 1 of those 2 months (~$1700) and allowed us to start m...
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2 October 2018 | 44 replies
BUT the buyer came in with a $63K down payment, so I also knew that that amount would more than cover the difference.
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4 October 2018 | 13 replies
That's fine, I can blame the system and wait 3 more years or so, or I can use hard money to finance 85% of the purchase price + use available funds from my 401k to cover the downpayment.
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8 October 2018 | 4 replies
Everything is going on in the market.Charlotte has one of the most active RE markets in the US.This is an extremely broad question, but some basic economic research on RE trends for the area should paint a good picture for you.
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29 September 2018 | 18 replies
Do this for every advertisement because they will steal pictures from Zillow or Trulia and create fake Craigslist ads, also.I started watermarking my photos years ago and haven't had a single fake ad since.
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27 September 2018 | 0 replies
opinion.In a very general overview, I current own my home with a mortgage payment around 1150 and have done a comparative market analysis on the rent in my area and they are anywhere between 2000 and 2750.With that being said, I have been entertaining the idea of renting this house out and down sizing/grading a bit and purchasing another home to live in.Essentially, estimating this on the low conservative end of the spectrum from my "due diligence", it appears as if I rented this out I could cover my mortgage for my current home and then also cover the mortgage on the new primary residence.What are your guys' thoughts on this?
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28 September 2018 | 2 replies
Note: I am aware of online applications like cozy that makes sure they fill out and pay their background/credit check but the applications for those types of software doesn't cover everything I want to ask and Brandon suggested paper applications is the way to go so it being my first rental I'll follow his advice on that but I just need a robust way of doing it.3.
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5 October 2018 | 21 replies
That normalizes your #s across various investing opportunities and gives you a true picture of how you're performing.
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29 September 2018 | 10 replies
If you can get 100% financing, will its rent return cover both the mortgage and its other ongoing expenses?