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If a child is buying a rental property owned by their parent for cash, what would be considered fair market value? And how long would they have to wait to refinance after the cash transaction took place? Thanks
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https://www.reuters.comHowdy BP,I just want to start a general discussion about current real estate news and trends, and think input from all the savvy investors would make an interesting thread. Forgive me if this di...
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Good morning everyone! Happy Friday, just looking to connect with local real estate investors here in San Diego!
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Hi BP World!I am trying to figure out a scalable way to follow up on MLS offers. We are good about getting offers in on properties quickly after they hit the market, but unless there is a status change i.e. price dro...
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I am living in Grand Rapids, Michigan and am interested in investing locally. I have yet to do a deal because I am nervous to pull the trigger when I consider the current housing market. In Grand Rapids, houses go on ...
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Hi guys. Here's an update from a previous post and also seeking some suggestions:We are in the process of getting accepted on a 24-unit building in Texas. It's a hot market. The broker suggested we put $5,000 as non-r...
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Goal:
Retirement for my wife and myself by the end of 2020. (ie. $7000/monthly cash flow)Plan:
Purchase and Hold inexpensive duplex properties primarily in the florida area.Breakdown:
Year 1-savings and credit b...
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Having trouble picking the right house to make my first wholesale deal on. How do I know what will sell and what won’t?
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Hello Everyone,I currently own a fourplex and am living in one of the units. The average market rent for a unit is $600. My units are being rented out for $525, $525, and $510 respectively. The tenants have been resid...
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Got prequalified for a conventional loan and now researching various cities to invest in a rental condo apartment or townhome. So far I’m very interested in Houston, TX, Tampa, FL, and Columbus, OH. What do you think ...