I recently negotiated a contract on a house for 70k and it retails around 125k-130k. The seller had to discuss the offer with his sister, it was an inherited property. When I walked the house the second time while he ...
Perhaps this isn't the best place to post this question. If anyone has any suggestion of a better place, please let me know!Bought an older house in Los Angeles (City), started doing some light demo, then thought it'...
I'm considering buying a house to use as a rental- but concerned that it's on a pretty steep hill. If the tenants mow the yard and roll their mower and become injured or worse. Am I liable as the property owner??It's ...
I am a week away from finishing a complete remodel on our second rental property. I posted a for rent sign a few weeks ago, and as I expected (seemingly due to the time of year), I have had very little traffic. Today ...
Hi everyone, I’m new to the community and would love to learn more about investing in US Markets as a Canadian. More specifically setting up an LLC as a Canadian, navigating cross-border taxation, finding lenders, and...
Do any of you have a clause in your lease to inspect the property, say every 90 days or something similar? I have to keep after him about trash outside, do I have a right to want the inside reasonably clean??
I am reading the BRRRR book, and I was wondering how do you get estimates from contractors for rehab projects?
The book provides a format activity/scope/price. Do you use something similar?
My contractor just gives...
Good morning/ afternoon BP family,I have an owner finance deal that I am pursuing and would like the best course of action. Here is the deal:Property has an ARV of $250,000Purchase Price is $190,000Rehab: $5,000-8,000...
What is required to get a loan for a multi family deal such as a 12 unit apartment complex? As I have been researching and reading, I understand that lenders are looking for some experience and a track record. That s...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in St. Louis.
Purchase price: $228,000
Cash invested: $10,000
We closed on this duplex 1 week after getting married. it's on ...