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8 November 2018 | 15 replies
Exception is managing your own property, or hired by, for example, a developer to show only their units.If they are not licensed, you could tell them you will report them to the Department of State (or whatever agency licenses Real Estate agents/brokers in your state) if they don't give you a full accounting of funds and all the paperwork involved--lease, records, etc.Your attorney could also subpoena them to appear in court during the eviction hearing if they don't turn over the documents and accounting.
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22 April 2018 | 2 replies
I am 25, originally from the northern Chicago suburbs, and will be moving back home in about a week.After a lot of reading/listening, I have "decided" that I want my first investment to be a house hack on the north side of Chicago, ideally in Lakeview/Wicker Park/Logan Square/Bucktown areas, but I'm open to other neighborhoods.
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12 December 2018 | 11 replies
A duplex, tri-plex, or even four-plex would be ideal.
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16 May 2018 | 10 replies
While I'm certainly hoping to buy for the cash flow, not for the appreciation, this home is a couple blocks from the beach, as well as one of the hottest towns in Maui - a town that has no room for further development, but has people moving here every single day.
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22 April 2018 | 5 replies
It is very easy for those who sell convenience to develop a deep sense of contempt for those who buy convenience.
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29 March 2019 | 18 replies
You get long term finance and if one renter goes out you still could possibly have cash flow to pay the note.Another option is to buy a house in stage zero of a new home development where homes are just going up.
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28 April 2018 | 32 replies
I had rents go down at 2 of my units because of development in the area.
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22 April 2018 | 9 replies
Located not to far from a new developing neighborhood.Owner is asking for $189,000.
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22 April 2018 | 6 replies
I know of forest bluff and Austin colony developments by DR Horton in Austin that will give me that kind of rent, but since I have already bought one in Austin I don’t want to put too many eggs in one basket.I liked one new townhome construction by DR Horton in Durham within my price range but are not offering the phase 1 to investors.
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22 April 2018 | 2 replies
Going in I knew it was tenant occupied but on a month to month (but paying weekly) and it was a fast close and typically I deal with any inherited tenant situation while still in escrow and have some kind of contingency/agreement in place for that but I bought through a wholesaler this time and it was basically a no contingency deal.