I am a first time investor in multi family. In the process of purchasing a multi family in Lowell, MA. The seller is financing at 15% down, 5% interest rate, 30 yrs amortization, 15 yr balloon payment. Due to this,...
I have several agents who send me daily listings (one only sends foreclosures, the other send a mixture). If I find were to find a deal on one of these properties, put a contract on it and wholesale it - how does thi...
Hi all,I've been landlording for a year now. Earlier in the year, I had two rentals available, posted them online, got plenty of applications, got good tenants, all pretty straightforward. I pride myself on providing ...
Had the same tenant two years now at $1,350 a month. Current market rent is $1,750, so I'm leaving about 5K profit on the table each year...They are for the most part taking care of the place, a few stains on the carp...
I love the idea of becoming a successful buy and hold real estate investor. Accumulating houses for cash flow. And more houses. And more houses. And more...etc.. Thing is I've always wanted to strive to live a minimal...
What are some pros and cons of renting to section 8 people? Can you share some good and bad stories? I found a great unit which I'm in the process of purchasing and was wondering if renting to section 8 folks was a go...
This came up in another thread and I thought it worth having its own discussion.
What do you think would encourage those people who come and read the site (available to non-members) to sign up and participate?
Ideas...
I live in Washington state, about 2 hours west of Seattle. I have about $1,000 and some books I received at a Rich Dad 3-day workshop. I don't have a job, I separated from the military in March and have been getting p...