Looking to buy a rental property. Here are the figures
60,000 purchase price
700 monthly rent
1700 annual insurance and taxes
500 expenses annual
If I am calculating this correctly, will I get a 13.1% ROI?
I am just curious what a typical management fee would be in Boston? If the company is managing a single condo, what does this 'managing' entail? There are already condo fees so the management company wouldn't be res...
Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...
Can someone explain to me how to make multiple offers to a seller on a wholesale deal? I've heard this term a lot but I'm not sure how this works.
Wanted to reach out to you all because i currently have a motivated seller in Atlanta,Ga area and would like to get the house under contract. This is a fix and flip and I'm using private money. I'm wondering if you ha...
Ok so I got preapproved for a loan on Better.com My question is can I shop with this basic preapproval letter? Will sellers accept it or should I get a verified letter? The difference is the "verified" entails a har...
Hello, Just getting started in the rental property journey. meaning, we started an LLC and put one offer in on a property. Does anyone know what this entails? This property is approved for homepath mortgage & Ren...
I have established a point of contact with an asset manager of a mortgage servicing company who can deliver REOs in Florida. I have a buyer in line to make a purchase of bulk REO. Without being a licensed agent / brok...
What is entailed with assigning a Tax Certificate? I just want to assign it from my personal Name to an LLC prior to Foreclosing .Does it need to be recorded with the clerk? or just given to the Tax deed department? D...
I have a 72 unit apartment building in Indianapolis. Instead of hiring a property management company, I would prefer to work with a trustworthy individual that can also do regular maintenance and repairs. If you kno...