I got settlement, $100,000 of it I’m using to buy a house. Found an old plantation house, 2400 square feet for $50,000. 5 beds 3 baths. I need all the windows glazed, all new flooring, all walls painted, 3 bathroooms ...
Hi All,I just entered the Houston market with the goal of buying long term rentals. I closed something in Missouri City the other day, and the insurance was $3,000! The home was worth about 145k. Im now underwriting a...
How do you guys go about filling out the rehab budget for a hard money lender. Should a contractor fill it out or is there a method to guesstimate because the contract has been signed and I'm officially on the clock ...
Chronology of my first property purchase.
November 2023 – Preapproved for 250k. Began scanning MLS everyday to find a deal (I am my own realtor and this is my first transaction).January 2024 – After searching deals d...
Well I'm happy to say that 2018 has been a year of .... Character building ... but I made it out the other end with another great deal under my belt. I wanted to share the experience here in order to show another simp...
I launched an MTR in Asheville, NC in 2018, and have had 13 tenants so far. After the first few turns I realized that compared to LTR the MTR model has a great additional benefit, meaning additional to the increased c...
Hi everyone, I'm a senior in college and will be graduating this December with a BA in accounting. I’ve been wanting to start my real estate journey for a while now and I have been doing lots of research about Real es...
Hi all, hope all is well. 20 days after move out accounting letter sent, ex-tenant sent email asking about the charges on the move out. He thinks the charges are too high, that he wasn't responsible for some items, ...
I have some ideas with my property and I am wondering if its worth doing to create more value or if it creates value at all.I have a small property and I am thinking of selling or getting a HELOC so I am in the middle...
What are some checkpoints or data numbers you always look at when searching for an out of state market for rental properties? Crime rate, job growth, population, median income etc. Anything else that is a must to review?