11 August 2018 | 0 replies
They will likely turn it into a rental, as most are around here now, and therefore won't care one way or the other about the fence, but I wonder whether bumping my price up to cover the fence cost would lose those potential buyers.For those curious, the reason for the single-side fencing is the rental property next door on that side.
29 August 2018 | 2 replies
If they are good, tell them early on and that you will find a good buyer that will take care of them.
17 August 2018 | 10 replies
Be careful with PigTown , I get daily price reduction notices since beginning of August, been to two houses recently, both needed full rehab and owners were asking way too much, but still sold.Don't over pay.
12 August 2018 | 1 reply
I’m not wanting to go to a bank, but am open to a partner.Having trouble finding someone with enough cash to lend privately.Current Gross rents: $2150Expected new rents within 1 year: $2500Looking for $240kpurchase price and reservesPurchase price $225-230Taxes: $1500/YrIns: $1200/YRWater/sewer: $1800/YrLawn Care: $1200/YrShould end up with close to $800-1000 cash flow after financing, depending on rate and terms.Was possibly looking for interest only for 5 years, with balloon.
14 August 2018 | 6 replies
I have a 7 minute commute now and even that's too long. lol But other than the drive, you guys have a young son who requires a lot of care.
13 August 2018 | 6 replies
South Shore seems to be some high cap rate area but would appreciate some first hand experience on that.Btw, in general should I even care about neighborhood as long as I can find a property management company to look after it and numbers are good?
6 September 2018 | 28 replies
While I care what the IRS “thinks”, I am much more concerned with what the law actually is.
13 August 2018 | 6 replies
It's just a lot easier to do your due diligence if the property is close by, and you can react faster to anything that has to be taken care of.
17 August 2018 | 4 replies
Account Closed , careful.
11 December 2018 | 11 replies
I do have to tell you to be careful of certain meet-ups as they can be solely used for attracting new investors who aren't entirely knowledgeable about investing and they can get taken advantage of (I know multiple individuals that have).