I'm debating where to make my first investment for a rental property. I have always considered a single family but I'm now thinking a condo might be safer way to go since I'm still new. Any words of wisdom from expe...
Hi all,
Among other things I look at to determine a city's rental demand I try to browse local property managers sites. If those sites show the prop mgr's themselves have say a dozen nice homes available for rent, t...
Only my 2nd deal analysis post--please be gentle. I have been searching owner finance deals for buy and hold to rent in a prime area of town. Please read terms below and poke every hole you can think of into it.
4Br, ...
I served an eviction notice this weekend and just got a tearful shaming of how horrible and mean I am via a phone call. I gave her several clear, direct explanations of this will happen on X date and will take place ...
As far as syndications go the big to do is to raise private money through passive investors like doctors lawyers etc. now what if I just used a hard money lender to cover the down payment and rehab followed by a refi ...
Hi BP,
Being new to REI, I plan to start small but I'm concerned about overlooking market/geographic indicators that guide whether purchasing a SFH or small MFH is a good investment. I'm in the Metro Detroit area, an...
My husband and I are planning to do our first flip.. we've been researching different kinds of financing and see hard money to cover the purchase price and a heloc for downpayment/reno costs as our best options. We h...
Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $43,000
Cash invested: $7,084
Small 3 bed 1 bath rental property. Four walls and a roof. Noth...
I have a judgement lien on a contractor that has been in the courts and cost me over $28,000 in attorney's fees.
He has declared bankruptcy and the house I have a lien on (his half ownership of the property) is going...
Would you rent to a 35 year old attorney with 370,000 in total debt? (including 270,000 in student loans whose payments were supposed to start in June.) Person makes about 6000 month with a state job. Rent is 1600 a ...