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So I was supposed to close the sale of a property this morning when the buyers mortgage company suddenly wanted to know if the property was a "flip". After biting my tongue to avoid the stream of profanities I wanted...
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Looking for anyone who knows about or has any interest in Buena Vista, VA. The town has the right fundamentals for me. My parents and extended family have relocated there (Lexington, Virginia), so my network is extrem...
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Happy Thanksgiving!I've had good luck when asking my first question on a deal a week ago, so here I am again...:-)This is a 11-unit multifamily in a quiet residential area, across the street is a cemetery. 9 are 1 be...
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Never in a billion years would I have thought my first post would be in the COMMERCIAL section. That said, I am a newbie and looking for wisdom on an "observatory deal" which I am interested in. I don't have the funds...
Hello Everyone, I currently make 77,000 gross. After taxes and paying off my student loan, rent, groceries ect. I have about 30,000 a year that I can save up (just got promoted last year). I just finished paying credi...
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I just wanted to write a quick post to remind all investors of the importance of keeping some 'reserve' cash on hand. My quick story:I am a buy and hold investor and I currently own 4 SFR's. I am in the acquisition/gr...
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I'm analyzing long term hold properties for my first deal. I found an agent with decades of rental experience and many local properties, and I promptly left a message. It was five days before I received a call back. ...
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I am thinking of turning one unit of a duplex in Indiana as a short term Airbnb rental.
I have a question: What percentage of your income goes toward expenses such as cleaning fees, commissions, insurance utilities, ...
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I am curious where investors are deciding to put their money based on how they see the market? If you were a flipper, have you stayed course or are you considering rentals now? I am tryin got see how the masses are in...
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Hi everyone,So I was wondering what you would do when you want to do a 1031 exchange but have a mortgage on your existing property.Say you're selling a house worth 500k but there's still a remaining mortgage of 300k. ...