Hello,so I recently got under contract the following property located in Southern Utah (well, we're still waiting for the bank to countersign, but they gave their verbal approval):- Fourplex built in 1996, 5400 sf tot...
My wife and I purchased a SFR rental for $200k. We put 20% down, only had some minor repairs before listing. PITI will be $1247/mo and will rent for $1700/mo. (I realize this is more down than most recommend, we just ...
I should have asked this before Thursday but, oh well, I’ll ask it now!This past week I found a potential duplex in a decent part of town. I asked the listing agent for rent, costs, remaining loan, etc. she returned a...
Anyone else coming across these? Some cities are now forcing sellers to have a city inspection before listing their homes on the market. Anything not up to code needs to be fixed prior to listing the home - in some ci...
I will share my experience with you owning 5 class D duplexes in the Midwest! This is my experience and this experience has taught me a lot. I hope you find this post helpful. If you live on the West coast like me w...
“The Fair Housing Act is a federal act in the United States intended to protect the buyer or renter of a dwelling from seller o...r landlord discrimination. Its primary prohibition makes it unlawful to refuse to sell,...
Hi all,
There's a home I'm interested in renting that I saw on Zillow and reached out to the landlord. She is saying that she needs for me to apply via Zillow (there's a $29 universal credit/background check that can...
Hell on EarthA Story About the World’s Worst Real Estate Flip.As I sit down at my desk to write this story, I actually don’t know the outcome of this home flip. What I do know, is that whether I lost money, broke eve...
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
My name is Nick and right now, I am currently living in a rental home. Upon moving in, I painted the walls and ceilings noticing discoloration. The previous tenant smoked in this home, and I am afraid that my health...