Max Lichtenstein
What goes into closing costs
How much are closing costs usually. What goes into closing costs? Commission to the realtor, inspections and what not but what else am I missing. If I purchased a property 500k what should I expect to pay at closing?
Account Closed
Spending money on homes inspections?
So lets say i get a deal that costs 200,000 but i got it for 180,000 under contract right?Then i do my due diligence. And i pay 2,000 for an inspection. And i find out there were 15,000 in repairs. So it means my real...
Vonetta Booker
What if your circumstances change during the short sale process?
I'm thinking about going after short sales for flip or buy/hold properties--but the often-lengthy process gives me pause. What happens if I make an offer, but the wait is so long that during that time I've found anot...
John LaVecchia
Questions to ask when buying my first rental
Hey BP!I found a smoking deal on a SFH, and I want to be sure I don't let the idea of cash flow blind me. The only question I know I should ask before putting the offer in is, "why are you selling." Thank you for the ...
Jamie Richter
Possible Piering in Baement, Should I go for it?
Howdy,I'm new to the site and this is my first Forum post. I am looking at purchasing a property to live in for a year and then rent. I will be doing this repeatedly to build my list of investment properties. I am int...
Nicholas Valente
Looking for advice on on cape cod STR
Little back round on the house. My parents thought they wanted to retire in cape cod. They bought a house in Falmouth closer to the mashpee line. Turns out they hate it. They want to move back to be closer to me and m...
Harry Brodsky
Any obvious misses in this report?
View reportFound a renovated triplex in Strawberry Mansion. The numbers in terms of cash flow are quite good considering this would be a turn key property. Too good to be true? Any large expenses that were overlooked?...
Bill W.
Potential duplex in hot area of Austin
I'm looking at an off-market duplex in Austin, TX 78723 zip code. The gross monthly rent is $675 for each side. Both tenants are Section 8.
The home has a new roof on it, but other than that needs a lot of ...
Thu Minh Dam
300k SHF in Gainesville, FL or 400k SFH in Fredericksburg, VA?
Hi everyone! I am a newbie to real estate investment. I hope that I can learn more from your all help in this forum.To get $2,500 rental per month, I can see a $300k SFH in Gainesville, FL and a $400k SFH in Woodbridg...
Hai Le
Starting out Section 8
Good morning, I currently have a duplex property that I am in the process of switching to Section 8 Tennats.I currently have two long term tenants that are month to month, currently collecting $1000/m each. FMR for Se...