My first attempt with an excepted offer ended with a lot of issues found on the inspection and the seller was not willing to accept a lower offer. So I had to let that one go. I ran across several deals after that b...
Hi all, I may have an opportunity to pick up a tri-plex that is fully rented. What is the process when purchasing and taking over the property from a managing stand point? Are there new lease agreements? What about se...
So I just wanted to tell my story a little here, it's a long one and I have already made mistakes. This is long, I have a TL:DR at the bottom. About two months ago I started this journey. I have been wanting to get in...
Hello all,
I am looking to get into real estate by house hacking. I am looking to buy my first property in May come the end of my current lease. I plan to go the route of obtaining an FHA loan to fund my first prope...
Can you guys and gals help me check out my CAP rate calculation and tell me if there is any thing I have forgotten?
Cap Rate is Net Operating Income divided by Property Cost or Value.
Net Operating Income=
+Revenu...
Anyone ever deal with an oil tank buried underground? Should I walk away from this deal? The sellers agent said it’s been cleaned out. I have never heard about this.
Hello. I’m wondering what advice people have on ways to get started in real estate investing when house hacking is not an option? My husband and I had high priority on buying our dream primary residence and now that w...
Hello everyone, I am currently active duty Navy stationed in Pearl Harbor, HI. I am currently renting a 3 bedroom home with a few military friends so we can save some money. I am interested in buying a rental in the c...
Handed a house to Knox Financial to rent out, located in burbs just outside of Dallas TX. It's going on 2 months vacant. Knox has lowered the rental asking from $1850 to $1750 but we have even less traffic past week.I...
Help. I don't even know if this is the correct category but here goes... Recently purchased a duplex in Los Angeles county, after COE, I was just told by a tenant whom I inherited from the seller that there was a deat...