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I recently won a bid on my first rental property.Asking was 37000Won bid on 34000Appraised for 55kSingle family 4 bed 1.5 bath 1200 sqIn subdivision of rental area.Located in Webb,al. 15 mins from Dothan, Al.House is...
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Economic Update
(Monday, October 5, 2020)
The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...
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Hello
Any active Airbnb hosts on here?
My husband and I are considering using our separate entrance basement space as an Airbnb rental. Does anyone on the forum currently do this in Georgia? Are there any meet up g...
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Market: "Urban" area in Berkshires, MA. Area is projected to be in population decline, however, I see rentals as a better option for people moving to the area because they, like me, aren't sure they want to stay and h...
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I had a very nice couple apply on a unit today. They both work at the same nationally branded company and have been there 5+ years. Combined income in the $125K range. Both freshly divorced and starting over. They sub...
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Acquisition Newly licensed agent with a handful of residential units (sfh and duplexes)On the market for about 6 months. Started 130, and sat for a while. When it dropped to 120 I made my offer and had it under contra...
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Hi y'all,I bought a small SFH in Washington state last month, well, the weather here at time of writing has been very windy, and one of the trees in said rental's back yard had a branch break off and fly probably abou...
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I am evaluating a deal there. New to Florida market in general. How is Tallahassee to invest in from cashflow's perspective? Any specific zip codes to be avoided? Currently I am looking zip 32304. Looks pretty close t...
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I am renting a doublewide that my aunt bought 10 years ago. She just asked that we pay the mortgage and that would be it. She died a couple years ago and since then the mortage has skyrocketed! Apparently, the type of...
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Has anyone seen the following program?
The homeowner is owes 300k to on a first mortgage and they are behind on payments and the current FMV is 150K.
A company offers to come in and purchase the note from the lender...