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About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
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I've had a tenant now for about 4 years and they are all around good tenants and good people. They have really made the house their home and will likely stay for years to come... The issue is they are late on rent... ...
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I sold/financed a house in NC in 2011. The buyers never made a payment on time and when they got several payments behind, my attorney sent them a foreclosure notice. They filed for ch 13 bankruptcy.
The DOT states t...
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Hi All,
I've been lurking here for a while. Finally a post: My company has been bought out and I am facing a lay-off from a narrow field with no competitor to move to in my area. I'd like to stick it out in West Mich...
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My investment is just beginning and I'm evaluating against two strategies: SFR vs syndication investing. While cashflow early on from SFR seems minimal the goal is ultimately to build long term wealth. One of the k...
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I am about to start a direct mail marketing campaign to possible motivated sellers with a budget of around 2k. Should I lean more towards prefer closures with equity or vacant? Or how would you disperse those funds in...
Hey everyone... so I have a bit of a lease term question. I just bought this four-plex and it's my first local property. We're managing it ourselves. We've literally had possession for 4 days. Tenant #2 comes up with ...
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Hey everyone I am brand new to investing. I want to get into single family buy and hold. I have been listening to B.P podcast and others for about 6 months, I am really excited to start my hand in it. A little about m...
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So, I do not own RE but want to use my savings of around $200k which is currently sitting in the bank and losing value, to buy some properties to get some decent cash flow.My friend has been buying SFH's in North Caro...