Looking to purchase 6 units. It is (2) 3 unit residential units. 120k cost. Approx $12k/yr taxes and water/sewer. All utilities paid by tenants except water/sewer. Currently all units rented with Long term tenants wit...
As a buyer of a short sale property, I just learned that there is a 3% short sale specialist fee, which the buyer is responsible for paying. This fee adds up to $18k, which seems very high to me. I didn't hire the sho...
I just finished the BRRRR book by David Greene and I am developing a checklist/system for assessing a BRRRR deal. I would love some experienced BRRRR investor feedback!Background: I am an out-of-state investor, inves...
I came across an ad that a wholesaler put up for a 3/2 in my target area. He originally wanted an all cash deal but I told him I could not do that but would be willing to finance (I'm already pre-approved). This pro...
Hello,
Is there like a rule of thumb on what percentage of the home price should be the most an investor pays for repairing a fixer upper and a rental property?
Thanks,
Investment Gurus,
Here is a question that I am not sure has been asked before. A relative owns two condos (that he rents out) in a complex that is partly condos and partly apartments. They have an on site p...
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*This link comes directly from our calculators, based on information input by the member who posted.Just working on analyzing deals.. If the numbers are correct this would be a no-go for me. FYI the prope...
Hello Investors - Below is a link to the newly finalized Pisgah and Nantahala National Forest Plan. With the words concerns like "view sheds", "water security" and "climate refugees" becoming a more prevalent force...
Please tell me I'm doing the right thing.Right away I recognized the red flags, VERY polite and eager to move in right away. Claims her credit is fine. I even asked if she had collections from past landlords. Turns ou...
Hi all,I need some advice regarding a deal for what would possibly be my primary residence and first deal. First some background. I moved in to rental in NJ 7 months ago and I am in a fairly unique situation where my ...