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I found an apartment complex that is been foreclosed on. The last owner paid $3M for it a few years back.
- 100 units that is 60% occupied
The current rent is $520/units. The asking price is $1.3M but because am goin...
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Hello,
I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...
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I've been researching REI for awhile and am convinced it's a good investment. My wife isn't sold, and she has fair and valid concerns about the risk.
We are financially stable with no debt besides mortgage, on pace f...
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When is the best time to sell as a buy and hold investor? As I write that, it doesn’t sound like I am a buy and hold investor, but I’m definitely not a flipper and I’m in this for the cash flow. I buy SFR, usually wit...
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can you wholesale a short sale, property? The owner wants to quit claim it over to me. To make it easy does that help anything?
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Hello BP!There are (2) 4-unit buildings right in the middle of where I like to invest that are part of an estate sale. This estate has liquidated several other larger multifamily buildings in places outside of my are...
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Hi all,I am in the process of buying an owner occupied multifamily (3 unit to be precise in Newark). This has been an ongoing saga. I was aiming for 5% FHA which I was approved for. But there were so many silly issues...
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Hey guys,
I am an agent and a STR investor and I am just curious what people thing the next big STR market will be, I own in blue ridge and am looking in all the normal places (shout out short term shop) but just cu...
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This is a new one for me. I closed on a home today, about 3:30 on a Friday. At closing, there were no keys. When I reached out to the seller to collect the keys he tells me he will not turn them over or let me on the ...
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Numerous friends of mine are eager to dabble in real estate but they are unwilling to give up their day jobs. Though I assure them that it is ok to start small, minor fixers to flip, or buy inexpensive properties to ...