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We closed on our second buy and hold this past Monday, December 29. Here are the vitals:4/2 split level, single car garage, 1968 sq. ft. Purchase price: $87,000 (all cash)Closing Costs: $1,000 Estimated Rehab Cost: ...
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Back story:
Today I was making a trip to go change the locks on a few houses I bought at this months County Auction.
While out in the area where I've purchased quite a few houses, I noticed a rundown house and chec...
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I have an SFH and a duplex as rentals, both with mortgages in my name. I want to protect myself and my family from lawsuits and was told by a friend to start an LLC and transfer the properties into that LLC. Since I h...
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HI all, just getting started, looking for first deal. I found a MHP locally FSBO, it is 34 units over 7 acres, city water, with septic tanks which owner claims to empty yearly. asking $800k, brings in $91k/year, accor...
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Well, I just got a message from them that they want me to get the house tested for lead and asbestos, and they need those tests before they will give a deposit. Is this reasonable?? They *do* have a 10-month-old boy...
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Good morning BP,Ive been digging in and looking for a multifamily in Columbus to start my REI journey. I was wondering about some issues to look out for in older home areas. A lot of the homes were built around 1900. ...
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I am in the process of putting together a 4 plex project in which my company will be building. The goal is to have between 25-30% equity in the project when all said and done. I then plan on adding this property to my...
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Hi All,
I'm pretty new to the forum and REI in general. Wanted to get my feet wet and get into an investment property within the next few months. Any thoughts, ideas suggestions? Should I wait a little for the mortga...
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How do you guys handle appliances in single family homes? Provide them, provide some, none, charge more for them?