Katie Ritter
Inherited Tenant Friends of Seller
We are set to close on our first investment property in mid-April. The unit it is a duplex with one of the units rented by a tenant for about 6 years. We were under the impression that the tenant was paying $650 per ...
Collin Vosburgh
Dave Ramsey on real estate
So in his book "Complete Guide to Money", he says that you shouldn't even get into real estate investing until you're out of debt, maxed out your 401k and Roth IRA options, have paid off your own house, already have e...
Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
My sister-in-law has found a house in their neighborhood that has been vacant for years, and lo and behold, the owner has passed away and the heirs are looking to sell. Lots to be figured out in this deal but let's as...
Account Closed
Need help pricing a 4 family in NYC
I am a private seller and would like to price this house for a quick sale. It is a 4 family located near the Queens/Bklyn border. It is considered Glendale/Ridgewood. It is a short walk to the M train with easy access...
Justin Turner
Seller backs out 10mins before closing.
I have a subject to deal. I was at the attorney's office to close and he calls me and says his brother is going to buy it for 25k
After I've been working on this for months now. What can I do?
Aundrea Newbern
Condo in Atlanta - Should I sell or keep it?
I bought a 2 bed 2 bath condo in a prime area in Midtown Atlanta back in 2016. I paid 260k and owe 230k on the mortgage. It rents for $2300 a month and my monthly mortgage payment plus HOA feels total about $1750. If ...
Andrea Cole
We're FINALLY live people!
We purchased our first investment property in Sep of 2017. We (*I*) thought it would take 3 months. (<--ignorance is bliss!) Fast forward to 2019 and we're just wrapping things up. BUT, the first side of our duplex...
Frank Crianza
Very new to REI, ran numbers, too good to be true. HELP!
First of all, thank you for clicking on this thread, there are a million of them out there and I promise not to waste your time.So here is the scenario:Multi-Family property (4 units) - Listed @ $205,000, on market 65...
Udele Tagoe
Overwhelmed (and a bit confused) by all the info ...
Hello all,Hoping for some honest advice here. Very glad to have learned of this group. I have just started my education in REI (~ 3 months) and am eager to do a deal. I am, however, feeling overwhelmed by the many wid...
Johnathan Norman
First 1031 exchange
I am a passive investor in a apartment deal in Texas and we are in the processes of selling it for a nice profit. I'd like to roll the money from that deal into my own apartment deal using a 1031 exchange however I ha...