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I am fully committed to becoming a REI, and am itching to get a deal under my belt. A divorce destroyed my credit a few years back and I finally got it back to a 600, but it still is not enough for a bank loan. I also...
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Situation, have contract for an REO asking price was 148,000 it was an Auction and I was the winning bidder at 100,000. Realator calls me and says he has a buyer willing to pay me 140,000 cash the day I close. The...
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I currently live in Atlanta, GA and will be moving to Denver, Colorado within the next few months. I am interested in using my VA loan to buy a 4 unit multifamily property. I am working with a broker who recently info...
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Hello all!What tax strategies can I utilize this year? I am a full-time W2 employee and part-time real estate investor in California. I invest locally and out of state in fix-and-flip and buy-and-hold properties. This...
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Let me know your thoughts on this deal:I’m offering $81k (asking price) for a 2 unit building:Unit 1: 2 bed, 1 bath w/den could be a 3rd bed $900 rentUnit 2: 1 bed, 1 bath also w/a den that could be a 2nd bed. $700 re...
Hey BP,So in a bit of a situation, if anyone has advice, that would be great.Tenant reports a leak under the sink, PM doesn't send someone out until 2 weeks later. (I wasn't aware of how long it took until I bi-passed...
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In April we switched PM, this tenant in SFH stopped paying. It took several months to evict him and cost extra attorney fee. That guy forged payment receipt and appealed in housing court! Can you believe that? It's n...
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Hi all,There is an eldery lady whose yard I've been maintaining for years. She mentioned about possibly looking to downsize due to age and other factors. I expressed interest in purchasing and she completely lit up at...
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Hey All, looking to purchase my first investment property. I'm in the Charleston, SC area and am trying to decide between a SFR or a duplex. Here are the numbers:DuplexPurchase Price: 180kRent: estimated at 1k/side,...
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short back story, I'm a salseman for a fairly large roofing company in Kalamazoo MI. I'm 36 years old and have been remodeling houses for myself or working under someone else since I was 15 (summers and evenings)
I've...