Hi there fellow investors!We've done our first turnkey purchase with Morris Invest in Indianapolis about 6 month ago. A house in a C neighborhood near downtown, for about 50k. For this price the house was supposed to...
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
So here’s the deal...
We are technically under contract on a property in Texas and a few days before we were to close we got the appraisal back and it came in 8k under the contract price. Now since it’s a fha loan we ...
10 months ago I was driving up and down every road in this new town of Iron Mountain MI trying to get a feel for the quality of the neighborhoods and characteristics of the market. I still had a few weeks of college l...
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
When we purchased our 3 unit bldg together (newly married) in 2006, there not yet any red flags of the pending housing crash that reared its ugly head that very same fall. Some say 2008 but this part is not impt to t...
I was once a buy and hold investor. Then one day, my light was turned off by the power company, in the house I lived in.How could that happen? I had 40 houses, but I was always robbing Peter to pay Paul. Edison, the p...
We like the idea that this company caters/markets to investors; however, they denied one of our client's seemingly legit claims and it seems they trying to deny another one on a technicality. The second claim remai...
There are only a few remaining markets where real estate investors can get double-digit returns on rental property. There are even fewer markets where you can get high cash flow AND high appreciation. Thankfully, we k...
I'm looking to form a networking group of people who specialize in under 30k properties for cash flow. I propose we share ideas to help each other maximize our success!