In today's market in my area, i can find some sub-$300k houses, with mortgage payment about $1,000-1,100 (after 25% down payment) would profit around $350-500. but my down payment would be from a Heloc, so after int...
Hi, I'm renting my 2nd property after starting in February to invest in real estate. The first property was rental ready and only had a about $800 worth of cleaning and cleanup needed to put it on the market. It re...
I am looking at HUD home for sale in my area to potentially purchase and flip. It is listed at $43,000. The owner/occupant bidding period ends tomorrow night and I would be able to bid as an investor then. I took a lo...
Hi everyone!
Just put an offer on an older home
It doesn't seem to have gone through any restorations but I have a budget that I will not pass if If my offer is accepted.
I wanted to know your stories on your hist...
I have a tenant whose gas oven isn't working. The top burners work but the oven doesn't. How do you usually handle these issues?I plan to go get a first hand look at the issue and see if there is gas getting through t...
When opening a separate account at the bank for rental deposits, rent, and expenses are you opening an actual business checking or are you opening a personal/general checking and calling it your "business" account. K...
Hello, I know this is a common topic that comes up, but wanted some input on best way to proceed with this particular situation. I have 3 condos in a community of about 70 units that are managed by an HOA as well as a...
This ad is for a property that I'm familiar with regarding location/address.Ad: Older 4 plex, approx 5000sqft, needs updating, selling as is. Selling due to health issues. Asking $259,000 negotiable. Email for details...
I control a 42 unit mobile home park through my LLC. Demand is crazy high for homes. I have sold two before finishing the rehabs or listing them for sale, one about a week after completing. Here is my problem. I nee...
I'm looking at an REO Duplex (3/2 & 2/1) that a realtor sent me. One highlight that turns me on is that I can use Conventional. Property looks pretty good inside. Below are the stats:
Asking Price: 70 k
Dwn...