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Hi guys, my realtor found a rental for 105,000 with tenants that want to stay, they are currently paying $850/mo. What I was wondering is what other numbers determine if this is a good wholesale deal? I'm new by th...
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Hello BP,I just made an offer on a house with a septic tank in Fairfax Country, VA. I am having problems getting an answer as to whether or not the house can be expanded and the septic tank/drain field upgraded to sup...
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Hi BP Family!I'll be straight to the point, I've found what I think its a really good deal, but the property is under an Estate... how can I find out who is the manager of the Estate and how can I contact them? How do...
Hello, my wife and I currently own a condo in market that has appreciated significantly since it was purchased. It was purchased for $380k in 2010 and has a current estimated value of over $600k. The rent from curre...
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Sorry for the potential newbie question but I am struggling to figure out which one of these properties is a better investment (or if they are both duds!). I think it is that one has a mortgage and one does not that i...
First time investor here. I have a FSBO available to me before the public with significant profit potential. The house has been vacant for nearly 10 years and is in rough shape. The owner wasn't quite a hoarder, but c...
Hi, I’ve been heavily researching tax deed sales in my county. When I go to the tax assessors website and search for the parcel number, only deeds in quitclaims show up. But when I re-search the owner, then notices de...
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Hello Real estate champions,
Tomorrow I am meeting with a potential seller on a 2-unit , seller financed propriety and need some advice.
Pros:
Seller is older, tired of dealing with tenants, owns the house outrig...
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Investment Strategy:
Buy and Hold
Investing here
because: Potential to Appreciate in Long Term (10yrs+), want to build Net
Worth, Affordable in my budget
Year 1 Evaluation:
Gross Monthly Rental Income =
...
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I love value-add deals but there are still some multifamily properties all investors should avoid. Multifamily properties with significant structural issues, poor location, high crime rates, and properties in areas wi...