So, I got a P&L from the seller and I calculated the numbers below, what intrigues me is the Mortgage Insurance is so high, the area is in a flood zone but is this typical for an insurance to be this high?Update o...
Hello Everyone,I am completely new to RE investing, but I have been thinking a while about a possible way to get my feet wet into rental properties, but I'm not sure how exactly it can be done. Back in 2014 my mom bou...
I was hoping to connect with someone who had experience investing in Fairbanks area and Alaska in general. Just browsing the listings, there is a huge variations in prices. It seems that most SFH, duplexes, and triple...
I'm reading the thread where the tenant refused to pay the late fee and it got me thinking. Has anyone run a place with zero late rent policy? No fees, no excuses just a 3 day notice when rent is late. Not suggesting ...
Hey guys,I sent my first DM marketing campaign a few weeks ago and are just now getting phone calls.I have a lead that has a good amount of equity ($100k+) but due to divorce she is now in heading to foreclosure with ...
Preforeclosure worth around 230k. owner owes 245k left on the mortgage. The house could rent for 1400-1500. Assuming she can’t sell it on the market, what are the possible exit strategies for this house? I am thinking...
My partner and I are looking to purchase a residence a TIC for a two story unit in San Francisco. It's priced well, particurarly perhaps it is a TIC and is scaring away other buyers. Admittedly this is our first exper...
I'm looking at a possible deal in Lubbock, TX and would like some input. Here are the specifics.*4 Bedroom 2 Bath in Cooper school district (highly desirable small school system, but home is still within the city lim...
Hi guys, I just made my account but have been listening to the podcast a lot recently but have been hopeless in finding a deal in phoenix. Well, I may have just found a possible deal but am worried it is not a good de...
Hello All,
So, in the 4-horsemen discussion I discuss that if left unchecked, then the affordability crisis will be part of the reason, out of 4, for the collapse of the US economy if not the world economy. Now, wha...