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My mother bought a 2 family house for 514K back in 2006. The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...
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I'm ready to buy my first duplex. In our market I can buy a habitable duplex in a low income urban market for 30k. Rents are aprox $500/unit but will likely be low income urban or section 8 tenants. The ROI opportu...
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I'm trying to figure out how to best communicate with my tenants regarding this difficult time of the corona virus.I'd like to be sensitive to what's going on, but I also want to be able to cover my mortgages, bills e...
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Double closings using the Dovetail Method. Can anyone explain why this is good or bad. How does it work? Thanx, Herbster
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I have never listened to a pod cast before.. but I thought I would try one on BP and listened to one last week about a nice young man who is buying out of state and was all excited about it.The really important factor...
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I’m am having a hard time creating a plan for getting started on my real estate business. I feel I don’t know enough information to feel confident enough to guide someone in the process of buying or selling real estat...
I Have been Listening and following Dave Ramsey plan for a while now. I happen to stumble upon grant cardone and have been listening to his materials. It's a total different approach from what Dave Ramsey teaches. Gra...
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This is going to be long, hope it makes sense. 9.5 years ago 6 investors got together and purchased a 42 door condo complex. 3m cash was put it and a 3m loan was taken out. Rents have paid down the loan and it will be...
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What is a safer bet, investing in commercial buildings, or investing in residential properties. If you become a local landlord to shops in a town, would that be better then if you had homes there?
Thank you.
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I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...