Ok, I'll try to make this concise. My marketing budget is $1500/mo. Our original plan was: bandit signs, direct mail to absentees and drive for dollars, email blasts, and network with wholesalers. We are a coupl...
I'm just days away from closing on a duplex . The rental portion of the duplex will cover my mortgage and upkeep.When I quit my current job I want focus on my small business and also supplement my income by cashing ou...
Greetings, I started to hijack another thread before I realized this is my own issue. My PM in Denver recently had a significant charge on my statement for a wasp nest removal ($200). Ok, The amount is high, but thing...
Ok, I know, I'm absolutely remiss for waiting 5 years to physically check on my rental property. Problem is, I live ~1200 miles away. Tenant took the house 8 months after it was built, so everything was brand-new. A...
My wife and I have been evaluating and dissecting properties over the last few months. We feel we have a few potential prospects. Our only problem is coming up with the down payment. We have invested our resources ...
I’m expecting to inherit a $400k+ property in Hawaii sometime this year, owned outright. Would you sell and invest the cash? Or keep as a rental and leverage a HELOC. I live in Denver so that market comes first to min...
Hi all, Wife and I are looking to buy property to rent in the next few months. Would like to get some help on the plan forward, we are very new and risk averse. Here is what I am thinking. Looking for a house or d...
First go at offering a seller financing deal, and I'm a little unsure if I'm wording the offer correctly. Here are the numbers:4plex for $156k- I'm offering to pay ALL of the buyer's/seller's closing costs, and pay b...
I have a property should have been a winner but ended up being an ugly monkey on my back for the last 8 years. It currently loses about $1k/month which is about what the principle payments are (yes, there are 2).I bo...
I've been looking at multifamily properties on MLS, backpages, loopnet, etc and applying the 50%/2% rule to them. I've also been looking at the cap rate, cash on cash return, IRR and NPV. On the surface, none of thes...