Okay here it is 7 months in the making thanks to @K. Marie Poe @Bill G @Chris ClothierSo this post took me a grand total of 7 months to write.Purchase price $174, 000Hard Money loan $200,000Original Rehab budget $40k....
I just read the Housing Wire article stating they are going to extend FHA Forbearance into December 2021 for “certain borrowers.” Stuff like this is why in my humble opinion everyone holding their breath for 2021 to l...
Ideally I would love to get a fixer-upper duplex that I would be able to live in rent free while still keeping a full time job. Are there any properties that are under 400K and that follow the 2% rule?
Hey guys! I am trying to get estimates on how much it will cost for me to build either two duplexes or a fourplex in the Metro Portland area. Do any of you have any experience building small multi-families? I don't RE...
Hello BP, I am closing on a duplex today. We are inheriting two new tenants.The previous landlord worked out a deal with the tenants on one side of the duplex. Their original lease was $750 a month and somewhere down ...
I'm in massive research mode for first STVR investment. Feel I have a pretty good handle but surprises still come up! I am looking at an area that has a 6% hotel tax and 7% sales tax. I have been putting these nu...
Me and my wife have lived in our home for almost about a year and a half. We have gained quite a bit of equity in our home and are wanting to move into a larger home. We have found out that since we haven't lived th...
This is Year 2 for us and we are currently renovating our 2nd duplex with tenants lining up. I also just got my real estate license. I am a pharmacist with a great salary working in corporate (large pharma company) a...
A guy I'm partnered with recently finished a direct mail campaign of 30,000 postcards and didn't get a single deal. He has been in the business a long time and has closed hundreds of deals but recently direct mail h...
We are converting our studio unit to a mid-term rental. First time, newbie here and was wondering if there were any guides or books others found helpful when setting up for the first time? I know it needs to be furn...