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My First Property Flip 16 months later
I just completed my first flip in Queens New York. It took me 16 months from the minute i close as a buyer to the minute i had close as a seller. Here are the numbers.Purchase Price- $330KClosing Cost as buyer-$1KReno...
Bryan Beal
COVID-19 vs. Basic Freedoms
Let me start by being crystal clear. I am very sympathetic to all of those who have been exposed to COVID-19 – those who have either struggled through severe (or even mild) symptoms and certainly those who have passe...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Jason Monroe
Cash for keys tenant buy outs in Oakland California
I did my first tenant buy out today. Here is what I have learned.There are Lots of other explanations about why the bay area rent control is weird. If someone has enjoyed quite and respectful use of the unit who is in...
Darren Chang
Multi-family land around Seattle
I'm thinking of buying a vacant land (or a rundown building) and build a small multifamily on it, maybe a triplex or quadplex. Then I will move into one unit and manage the rest as rentals. Any ideas/suggestions on ho...