I wanted to share the story of the first offer I ever made (it was rejected) and get everyone's feedback.I came across a 8-unit for sale (2 x 4 plex's) units in Palm Bay, FL on Craigslist and contacted the buyer. Eac...

Hello all,I currently have no experience in investments nor saved capital to speak of. I work for a storage corporation where I've been a property manger for several years and have gained a good amount of experience i...

Hi, I am considering putting an offer in on a home in FL that is listed for $120K as a short sale. The property was previously listed for $160K with no bites. In reviewing the tax and owners records no Lis Pendens a...

two 2/1 units in hollywood, fl

Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo

Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600

Net profit: 23,600

23,600-31200= 5600

...

Hello....I'm another noobie. Trying to figure out if my goals and ideas will fit in here. Everything in my life has changed over the last five years due to the diagnosis and treatment of a chronic illness. I have w...

Hello,I bought a condo last year and financed it under my name. I had read that it made sense to have the rental property in a LLC to minimize liability. What's the best way to accomplish this now and what are the imp...

I have a duplex in WA state where the tenant moved out at the end of their lease on 4/30 per the terms of their lease. They had a security deposit and pet deposit amounting to $1,100. WA statute RCW 59.18.280 requires...

I hate that this is my first post but I don’t know where else to get advice. We have had the same great tenants for the past 3 years. They have always paid on time and has kept the property like their home. The onl...

For those of you who have fully replaced old windows & installed new ones in your personal or rental properties I’m curious what percentage it reduced your utility bills.I have an apartment unit that has 15 large ...

Since I have gotten into RE and doing pretty good with it I find myself looking at all my toys ( boats, extra vehicles, 4 wheelers, gun collection, etc ) thinking to myself I should sell all of it and invest into more...