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I know that a large majority will state that deals need to be formalized and gone through loan services, however, please humor me. With a friend to friend loan, I know...taboo and risky, what would a fair rate be for ...
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I plan to find an end buyer and have the seller buy me out of an option contract that I have with him. Before we break contract, however, we will both sign a promissory note stating that he will pay me the differenc...
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I have listed my first rental apartment ☺ My parameters were set high in the listing to avoid too much traffic for tenants who would not qualify. It was listed 13 days ago, I have had 8-inquiries, 2-showings and 1 of ...
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Let me preface this by saying I have already emailed the same question to my tax guy, but wanted to ask here as well. I am considering selling one of my rentals to the current tenants. This property used to be my prim...
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My buddy has a billboard on his property and is selling the entire property with the billboard which is leased to CBS. I will be approaching him to buy just the rights to the billboard. Technically, would I have to b...
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Looking for some insight!
I am new to the investing world and I want to look professional to my future clients and build a website. I want to focus on flipping homes and also wholesaling. The thing is, I have not comp...
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Are your raising your rent on your tenants this year? What percentages do you use or what other factors drive your rent increases?
Hi! My girlfriend and I are looking to purchase our first rental property this year. In looking at what the effort will be, we aren’t sure if we will need to pay for a class or do more research independently which has...
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Hi guys,I am new to REI and have LOVED the idea of flipping since I was in my 20s (56, now). I am looking to buy my first flip deal. I like it because I love seeing something in distress come back for a second life. I...
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I have an opportunity to buy an a 9 unit apartment complex in western North Dakota for $80,000. It’s in farm country, and the town it’s in has less then 200 people. Currently, only 2 units are rented, and could go to ...