This year was a big one for my family, but not because we purchased $100 million in assets, but because I haven't learned this much in a year since college. We started the year with a 1031-exchange by selling a former...
I'm a newbie so bear with me :-) I have found 3homes in my target area that are for sale by owner. When I contact the owners for the first time, what questions do I ask to get an idea of how motivated they are?
I don't consider myself a newbie; i have 15 properties and have always bought distressed homes off the MLS. I saw a home that was going to be auctioned on homesearch.com and was cash only "occupied". I will say i did...
Here is the deal:
2 unit rental property
Purchase price $255,000
Unit 1 rent: $1,400
Unit 2 rent: $1,100
Garage rent: $100
Property is over assessed for taxes $11,700 in annual taxes assessed at $406k (this will be ...
My name is Bryce, and I am a sophomore at the University of Nebraska-Lincoln. I have been reading on entrepreneur skills, and real estate for about a year now. I would love to do it for a living, and I am currently an...
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*This link comes directly from our calculators, based on information input by the member who posted.Hey Everyone, looking for help telling the financial story of this investment opportunity. Seems to be a...
I use the standard CA rental agreement - the only change I made was regarding appliances.In my lease it is written that tenant is responsible for maintaining all the appliances. However, if an appliance breaks downs ...
I'm a 40 year old IT specialist with an MBA I don't use for anything and a long standing interest in real estate. I'm currently working on a few deals in Palm Desert, CA, but it looks like I may have gotten it all wro...
So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also so...
Hi guys,
I got a house under contract that also came with an unhappy tenant. The tenant's wife was living at the house under a L/O contract, which expired 8 months ago. The couple got a divorce, the wife moved out,...