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We have a property we acquired subject-to existing financing, so we didn't pay much for the purchase. The plan all along has been to hold it and rent it out. It's in a great middle-income neighborhood in a popular, af...
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Hey guys! So im currently about to close on my first ever deal for a owner occupied FHA duplex. Both units are two bed two bath, the bottom unit being the one me and my gf will occupy is brand new everything.. with a ...
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I am trying to buy my 1st investment house in Tempe/Mesa area. Looking into SFH. Have questions about neighborhoods both in Tempe and Mesa. I understand it is huge area as such but are there neighborhoods that I shoul...
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I recently had to do some research (read: cutting into the wall) on my clothes washer drain. I found that there is no p-trap, either in the wall or below grade in the crawl space. The washer plumbing drains straight...
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Hi Everyone,(LONG POST WARNING :: LOTS OF THOUGHTS) I came across an opportunity to purchase a multi-unit building for an amazing price. It was one of those "this is way too good to be true" situations and figured I n...
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Hello all,I am purchasing a duplex in Minnesota for $90k and the appraisal value is $100k. I'm working on getting insurance but the companies I've called want to insure it for the replacement cost of $340k. I really...
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I am just curious to see what experienced real estate investors do in terms of the timing to form their entity? For example, do most people form their entity prior to their first deal and pay the fees associated with...
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I'm curious if other rental owners do or do not pay for hurricane coverage on their insurance policy? I have a house I just bought in Florida that I had quoted for insurance today. To add hurricane insurance would lit...
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How comfortable is everyone with leverage? How much cash reserves do y’all like to have in case of emergencies?I’m just getting started. Im under contract on a duplex. I work full time currently and make good money...
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I'm really hoping some of you who are experienced at rehab can point me in the right direction. I'm about to pull the trigger on a 3000 sq ft ranch style house, built in the late 80's. It's 40K. That's not a typo. ...