Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...

Last summer I rented to a gentleman who had a colorful past however I had never screened my tenants based on criminal history...   After 38 days it was clear that the landlord/tenant relationship was not going to work...

Wholesalers, remember, you are selling the Purchase Agreement, not the HOUSE! Wholesaling has nothing to do with Real Estate, you own a Pawn Shop. Here is what my team sends out...I am in possession of an assignable P...

Well, news flash on the Today show, number one tax cheats are contractors, second is landlords. They even have it down to geographic areas, sections of LA, Dallas, some other cities were named.

If you haven't droped...

Hi All, I would love to get a list of areas/zipcodes to explore/avoid in Columbus, Ohio.Looking to invest in SFH up to $150K, B/C class locations.  Currently exploring North Linen, Southern Orchard and avoiding Frankl...

Does anyone have any suggestions to deal with the following situation: We have a rental house (in a decent neighborhood). Next door is a run-down 4-plex (1 bedroom units). We've owned our house for 4 years and just...

I’ve seen in posts and in books advice to newbie investors to find cheap properties in low income areas, but to stay away from properties “in a war zone”. But these posts and books never quantify what the diffe...

I have an opportunity to purchase 2 properties (One 3 unit & 1 two unit) both full rented in a low income area. Houses are side by side to each other. The owner is willing to owner finance at $90,000 for both with...

North Lawndale comes with a stigma, it appears to be a war zone in D areas.  However, properties are cheap, and section 8 may provide some sweet returns. Are you experienced in this area?  If so, I would like to hear ...

Straight to the point:
-3 Unit house: $130,000
-Loan: $117,000 (10% down)
-P&I: $610
Unit 1: $650, Unit 2: $800, Unit 3: $600 = $2,050
-Gross income: $2,050
-50% rule $1,025-$610 = $415 Positive income($138) a doo...