I continue to call the general customer service line, but the person that picked up the call was so useless. 

Purchase price: $55,000 Cash invested: $85,000 Sale price: $280,000 I feel like luck and timing played a roll in scooping up this Garfield Park home.

this is a toughie. hard money specifically is equity-driven, meaning they'll likely want 40%+ down to even entertain the deal. additionally, land without improvements is often very inexpensive (relative to land with improvements), usually pushing below a threshold which makes sense for a hard money lender. if you're not intending to build right away, then i think you'll have the best luck with private money instead of hard money. usually higher leverages than hard money, and more negotiable terms.if you are intending to build on it pretty right away, a ground-up construction loan could work, but those will typically require some ground-up construction experience (on title on other ground-up deals), or an extensive portfolio of heavy rehabs/ rentals/ strong liquidity. those will give you acquisition monies (to buy the land) and build monies (to build the improvements).

Or at a local real estate meet-up is another great option.3) IMO (duplex, triplex, quadplex) are best, butttt in some areas supply is limited.

Median prices were up a whopping 19.9% in September YOY vs 5.5% in Johnson County.

Hi all, following up on AB 1033, there was a lot of interest on this law at the end of 2023 but it's been crickets since then.  

Make sure you have an LLC set up to put your investment property into the LLC.2.

I am wondering if I need/should draft up a whole new lease agreement or if I should simply use the old renewal addendum (i would remake the document as I only have a picture).Any insights would be appreciated.Thanks!

Have a 1960s 30 unit single story motel where we are coming up on some end of life issues: the cast iron plumbing is disintegrating underneath bathrooms, radiators are starting to leak, electrical is in poor condition, and just today, discovered significant termite damage affecting multiple rooms.

Tell them to get caught up on rent, move out, or you'll get the eviction process started.