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I purchased an old 1920’s Craftman-style home for $69,900 in October. It was in poor shape. The siding was in need of major paint removal and repair, the foundation needed to be put on cement piers instead of wood...
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Hi I come from the NY tri state area and I am not sure where to invest. What tools, or pros/ cons can help me decide if I should invest locally or out of state?
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Over the last several months I have been researching and preparing for the local Wayne County Tax auction. The Auction wrapped up yesterday and when it was all said and done we only purchased one property. Here is a q...
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I'm a first time investor.
Currently, looking into a fourplex in Bay Area, the rent is 2100, due to the landlord didn't increase rent for past 6 years. If the rent increase to 2400, I can break even, while the pre-c...
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Hello All!I have a client and friend who invests generally out of state. She is going to be inheriting around $400K and asked me what I would do. She wants to go with MFU and doesn't have a ton of time to be hands on ...
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I thought I'd start a discussion about rising interest rates, because quite honestly I'm not hearing that much about it, and I'm wondering why. From what I'm observing, it's like the elephant that's NOT in the room, e...
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Happy Holidays to all. There is a pre-foreclosure that I am going to on Friday. Here is the data that I have so far
Foreclosed amount : $ 169,400 ( with no junior liens )
Delinquent amount : $ 6,000
...
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We're working with a title co. we've used for years on a deal we have that's in foreclosure. We always do our own unofficial 'title searches' before submitting an offer and/or putting a property under contract.
So I ...
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I'm thinking about buying a non performing note for a small multifamily property. Property isn't in an area where I want to manage it, nor would it be practical as it's about three hours away from me.
One of my exi...
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I have made an offer to buy a duplex which was built in 1940s. During the inspection, the inspector pointed out the sagging of the top floor to us. Picture is linkedhttps://imgur.com/a/w5BhAXsAs you can see that it's ...