George T.
Multi-family leads / brokers - western NY - Buffalo / Rochester
Hello everyone,I am currently closing on a single family property for which I had a 35% down payment. Will be getting back an estimated of 50k which I am planning to invest on a multi-family. I also have a passive inv...
Karen Adams
Need advice to close or not to close on wholesale deal today!
Hi BP! We took an assignment of a standard AAR contract for a fee of $5,000 through a wholesale/rehabber mentor of ours here in Phoenix. We were told by our mentor that repairs would be $20k or so. After signing th...
Taylor Jennings
Bandit Signs: When should I post signs?
I am aware of putting them out on Friday evening then taking them down Sunday, but that won't work for me this round.
My plan is to put them out on Saturday afternoon and leave them up for two or three weeks (if they...
Cory Adams
60 Day Rule for SD 401k
I am familiar with the 60 day rule as it applies to borrowing and paying back an IRA within 60 days without penalty, but wanted to know if the same applies to a SD 401k?You might suggest a loan from the 401k but I alr...
Reggie Maggard
Yo! Looking at a 4plex with m/m tenants below mv, advice?
Im thinking about pulling the trigger on this 4-plex with renters paying 550 and 600/m. Market rent seems to be 700-725 for comparable units. If I buy the property, how do I nicely tell the tenants I need more cash no...
Petro P.
3 Condos or 1 House
I want to take $100k of my money to start getting into real estate investing. The goal is long term, to accumulate a few properties, have tenants pay the mortgage, and eventually sell for a good profit (5-10 years)
H...
Ed Taslak
Offer Accepted! Now What??? Noobie Here
I just got an offer accepted for my first property ever. I've never bought or sold a home before. I put in an offer for a triplex that I can barely afford, and they just accepted the offer. I'm a little excited but de...
Account Closed
REO questions?
Posted: Tue Jul 10, 2007 10:41 pm Post subject: REO questions?
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Thanks Ryan,
I was wondering:
By the time a bank takes pos...
Jimmy Moncrief
Building a Duplex - Blueprints?
Does anyone recommend a specific blueprint for a duplex?I have checked the usual sites but wanted to know if anyone here has any experience with a specific plan.Thanks in-advance
Beata Williams
Property Management Revenue
I am trying to think of ways to get incentivized and get paid based on high occupancy rate and was hoping to get some feedback here. Obviously high turnover and charging 1 months rent to lease a space is bad for the o...