I religiously use the ARV x 70% - repairs formula for any flip that I look into. Completed one last fall and made money. I 've only been looking at cash buys and under 100k houses up to this point.
Because of my wif...
I currently own 2 rentals and am always conscious of the scalability. My cleaners have been missing a few small things as of late, and it seems to be sucking up some time and energy. My initial solution was a checkl...
I have a co-tenant leased my property. One of them moved out and filed bankruptcy chapter 7 months ago without noticing, the other one still occupied and been paying monthly rent on-time.
Should I terminate the leas...
Hi everyone,I need some advice. I set up through my attorney an LLC with a PO Box and street addressing. I did this many months in advance of closing on my first property, which took place on 9/30.Yesterday I picked u...
We're in contract on a small bay industrial warehouse in the Phoenix metro area. We toured it today. It's a fantastic location and 100% leased. Downsides we were aware of is that there's too much office buildout And i...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $12,250
Cash invested: $7,250
I was trying to do the Tax Deed investing taught by the Ted Thomas group only to fall...
A very unusual situation here.
2nd deed of trust trustee sale opened at $218k
At the same time the 1st deed of trust opened at $27k
No subord agreements - no other liens.
In NC we have a 10-...
Just getting my REI business launched and one of the goals is to acquire Buy/Hold property under our LLC (We want the property deeds under our LLC name for personal asset protection)
We have sources of short ...
So, I have made my own Yellow Letters and have sent out about 200 thus far int he past week. Standard white #10 envelope with handwritten font on the front in red, same font used on the letter. Small return label with...