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I have purchased my first SFH and in the process of renovating to prepare for rent. Knowing what I know now I would have made some different considerations on this property. My wife and I have good W-2 jobs and our ...
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Hi everyone,I'm interested in starting a career as a commercial real estate agent. I'm about to be finished with getting my license. I also have about a year and half of expenses saved up to anticipate for the lack of...
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Hello,
I met with my local commerical banker today about obtaining a line of credit on an investment property that I have. (discussed in previous thread). As I anticipated, he suggested for me to put together a pers...
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Where do you find the list of properties that will be going to auction at the court house? I've found the sheriff sale information but I am primary looking for Forclosures or probates going to auction.Thanks,James
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Highlights for duplex
- asking $245k
- 4bed 2.5 bath each unit
- built 2006
- current rent roll is $3100 per month (avg rent in area is $1200-$1300 per unit)
- current tenants are month to month
- taxes is $4500 a y...
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Hey guys, so I'm at a bit of a tough place right now. I finally got some financing underway, and I finally found a duplex that I like here in Southwest Florida. However, I didn't anticipate not splitting the closing c...
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Investment Info:
Townhouse buy & hold investment in Bowie.
Purchase price: $310,000
Cash invested: $17,205
Purchased existing townhome from family members as a rental property and was able to uti...
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Hello,Thank you for taking time to read and to all those who contribute. As a first-time investor, I am looking at 2-4 multifamily properties in St. Louis.The headlines are screaming about a looming eviction crisis, a...
My specific question is the basic idea of how a loan works. Any further elaboration is appreciated.
Say I get a 100K loan on a 120K house. The monthly fee I am paying for this loan includes interest, property tax, in...
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Hi BP and friends. My name is Vernon and I currently reside in upstate NY (The 'Tri-City Area' encompasses Albany, Troy and Schenectady) I currently own a 2 Family that I purchased in 10/2010. I enjoy being a landlord...