Evan Kraljic
2nd Duplex in Minneapolis, MN
Investment Info:
Buy and hold duplex in Minneapolis, MN
Purchase price: $275,000Cash invested: $85,000 (~73k for 25% down payment and closing costs, the rest for renovations).Monthly cash flow: $520 (will be $750 on...
Greg Barrett
A Day in the Life of an Asset Manager
I’m an asset manager for a small real estate private equity company. In this post I’m going to break down what a typical day looks like. You may think that I tried to exaggerate the number of different tasks I’m invol...
Juan Diaz
My Strategy for buying Foreclosures
I thought I'd share my approach and strategy to buying foreclosures that has served me pretty well.Foreclosures – Assessing ValueWhen you buy a foreclosure, not only are you assuming liens on the property, but you’re ...
Account Closed
Positive Escrows
Positive Escrows / Contract CandyYou may be surprised to find an extra $2,000 or so that you didn’t know you had. When taxes and insurance are included in a mortgage payment, those amounts are set aside in escrow for ...
GLENDA WESTGATE
How do you go about purchasing a house from HUD.
I want to buy a HUD house and I was wandering if anyone could tell me how to go about purchasing one. Do they do a credit check on you? Is there a down payment? Are you allowed to just take over their note, if they...
Tyler Ferguson
Seller concessions for a Coliving house hack to use on Renovation
Hello!
I am looking to house hack a single family home through Coliving and renting out bedrooms.I took a course on this and one of the main strategies pushed is using seller concessions towards renovations of a prop...
Corby Goade
Comprehensive spreadsheet for rehab cost estimates
It's tough to find files in the forms section here. Anyone have a comprehensive spreadsheet for estimating rehab costs? I'm doing an initial inspection tomorrow and would like to track repairs and start the budget as ...
Jonathan Jaime Velarde
Roofstock Any Good Guys?
Has anyone bought on roofstock yet? If yes, how did the process go. Looking for some reviews. Thx!
George B.
Newbie considering rehab project: how to approach contractors?
*not sure if this is the right forum for this question*
Hello all,
I am looking for some guidance on how to talk to/approach a contractor in a manner that would avoid being taken advantage of.
I a...
Chauncey White
Commercial loan process
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential property.
You are able to obtain NON-recourse financing (not personally liable) for commerc...