Hello everyone,So going to close on my first rental. Would love some input from the pros. 4 bed, 2 bath Asking price 53KPurchase price 43KSmall rehab: 2500Est. Rent. 850-900Loan15% down, 5.9% 30 yr. Estimating P...
Hi,We just received the inspection report back on a flip we're selling and the buyers have written into the contract that all work must be performed by licensed and bonded contractors. Even for something as small as p...
I found a potential deal in Spanaway Washington. I am not moving on deals. I am doing the "run 100 deals before you start sending out offers" practice. I was a marksmanship coach and thoroughly believe for every round...
We own a multi-family property where we inherited a laundry room with a washer and dryer that is rented from WASH, located in Southern California. Their machines have been in place for a while. I'm guessing the machin...
Whenever things come up or problems arise, it's easy to get down on yourself and take the blame, whether the issue was within your control or not. with that said...what are some indicators or measures that you use to...
So I'm in the Milwaukee market where there are a ton of properties under $100k in blue collar neighborhoods. I'm looking for lenders or advice financing deals like this with out paying crazy points. I'm early talking ...
What number (or percentage) is considered a good spread when wholesaling a deal?
While looking into out of state investing, I've noticed two types of "turnkey" companies. One presents fully rehabbed properties ready to rent and others find you a property and use your money to finance the rehab. Ob...
Hi,
I got the document for analysis of four unit property which was built in 1900. The following shows the summary of the form 8835 (I believe equivalent of schedule E)
For 2008
Gross Rent 16500
Total expense 20400
...
What Are the Benefits of a Property Manager?
Navigating the Las Vegas rental market can be volatile, due to its desirability and tenants looking for both long term and short-term rentals. Having a property manag...