Hello everyone, My wife and I are looking for a house and want to have the option to use it as an Airbnb rental here and there to make some additional income while we are living in it. Then potentially a full time Air...
For those of you familiar with the real estate market in the Detroit area, you know that this is prime opportunity to build a real estate portfolio.
Why?
Let me ask you this - where else can you routinely find singl...
Hi and thank you for your replies!Curious how you address letters received from the tax assessor (for us it is a county assessor) asking (demanding?) that we send P&L data for the property. clearly they are attem...
Hello Investors and LandlordsI have a situation and was hoping that someone could provide me with a few pointers. My investment home (SFH) which is currently rented out has increased my DTI significantly. Because of t...
A couple of questions for those who dabble in sheriff sales and foreclosures:1. What is your playbook when the existing owner still lives in the house after you win at auction?2. If you do cash for keys, how much do y...
Good Morning BP,I have a potential lease signing this week, and the applicant is requesting a two year lease. I agreed with the condition of a slight increase of rent for the second year. Does anyone know of any files...
Hi,
I have potential to buy a condo that rents for $450-$600 per month now for $20k. I'd like to know if this deal pans out:
Gross Rents: $500 per month (average)
Operating Expenses: $250 per month
NOI: $250 per mon...
Quick question for all you Wholsalers. When you are determining an offer price are you subtracting the average costs of hard money?Example:ARV is $100KMax Financable is 65% or $65KRepairs are $20KAre you then simply ...
Hello! New here... I recently purchased my house, and have noticed that it looks like squatters are living in my neighbors house. I went on the county website but the only info for the potential owner is the propert...
Hello everyone!
So i was wondering if anyone out there with experience buying from wholesalers can give me an outline of the due diligence items they complete when looking at a deal from a wholesaler? I understand w...