As I’ve said, I’m brand new to actually making a deal, I’ve read some posts, listened to podcasts, and thought I had a good handle on running the numbers. But some of these properties seem to good to be true, and as t...
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Here's the background: I have an investment property under contract here in the DFW area, and we are actively looking for a primary residence as well. Both together might possibly put me over DTI restrictions. (I've...
I have been looking at turnkey investment companies lately for out of state investing. One of the common themes is that there may be a discrepancy between the asking price and the appraised value(possibly higher) So...
There's a chance that I'll be closing on my first investment property within the next month! However I walked the property this morning, and I discovered that the conversion of the open-air carport area into an enclo...
Property manager is holding security deposit (several thousand dollars) in
escrow. Landlord makes claims against a large portion of security
deposit upon tenant moving out. Tenant disputes the claims. Propert...
Just got thru participating in a Tax Lien sale online. It was in Iowa where the interest and amount of lien never changes. You bid down ownership of property. The bid choices were PTW (proxy to win), PTT (proxy to ...
I've been looking for good investments in my area (charleston, SC) since January and can't seem to find anything that will cash flow that 1) are in a decent/safe area or 2) cash flow according to my formula. I feel p...
Morning BP, Ive been investing(Flipping and Landlording) full time since 2011 but I skipped wholesaling and jumped right into rehabbing because deals were every where. Now I see I skipped a vital step because I dont k...
I was curious on what the rate of return would be on real estate from nothing more than principal paydown alone. Turns out it's not that shabby. Using my trusty CCIM Institute financial calculator, if you get a 80% LT...