Hello everyone, I should be finally getting over these nervous jitters and buy my first investment property. I'm not trying to get rich quick or anything. I'm not too focused on fix and flips, but im very interested i...
1. The guide says shoot for 2% of purchase price for rents, assuming that wont fly in Austin ? Also says for flips use the 70% rule and ive been presented a few deals now that are not close to the 70% ARV after purcha...
Hi everyone.
My husband and I are wrapping up our latest buy & hold rehab in Los Angeles, CA. Our projected completion date is August 2021 and we're looking to move to Austin at the end of next year. We are looki...
I settle on my first HUD foreclosure next Thursday which, other than 2-week settlement delay, has gone pretty smoothly I think. That is until I learned today that HUD isn't giving me the keys for the property at clos...
Does anyone have any experience buying and then gutting houses to resell them to investors? Does this sound like an incentive to any of yall, being that all the systems are gone, and time spent on the property will b...
Hello- hope all is well. My understanding of a lease option is that the RE is tacking on extra month payments for the lease option tenants with the idea that after a set period of time (let's say 3 years) the tenants...
Since the title is still in his name, I assume the probate was never opened. If I can't find the relatives of the deceased to encourage them to open probate and sell the property as a Personal Representative, do I hav...
I have a son of a friend who has come to me with a pre-forclosure. He's 4 months behind on a 1st and 2nd mortgage.
Looking at the numbers, it does not seem to be a good property to flip to an investor. But I would lik...
My name is kevin and I recently attended a seminar put on by the guys from A&E's "Flip This House". It was great and got me really excited and motivated but I could not afford there boot camp fee so I was left wit...
Does anyone have experience with pre-foreclosure in texas? Ive been trying to work it here, but the time frame that I have just doesn't seem to be enough. I getting a good response from home owners but by the time t...