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I own 3 properties (1x in DC & 2x in Chicago). All of them are fully paid for. I live in one of my units and rent two of them. I make about $24,000/yr. from them. Unfortunately, I had to close my non-real estate b...
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I'm looking for ideas on how to structure a deal for a seller who is moving into a low income senior living. The property will be a full rehab, fix and flip and is owned free and clear. Seller is willing to owner fina...
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I know about the FHA loan but it requires one to live at the property for a year. That wouldn’t be possible for me as I am married and a homeowner. I’ll have enough for a down payment soon but I was wondering what are...
Hi all!I’m doing some research on what repairs for a possible condo flip will cost. If I proceed, I would keep the unit to rent out. The area of the condo is a lower income family area. In your experience, do cosmetic...
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Hello!
My name is Brett Stander, a fourth year finance major graduating from Drexel University in Spring of 2021 (five year program).
While I understand the value of working a 9-5, W-2 job, I also see fear the dry, ...
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Just saw a 12 unit property yesterday in Newark, NJ about an hour outside of NYC via bus & train. The area is a low income area, a little on the rough side. This is my first time considering a property in a low ...
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I was looking the other day at house prices in crumier Baltimore neighborhoods (no, not ALL of them are crummy, but many are). I see houses that are selling for about $40-50K that are appear fairly decent and seem...
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So in October I bought a low income rental in and ok neighborhood. My other rental is in an attractive neighborhood in Minneapolis and has been a breeze.
This low income rental has been quite a bit more work. It’s go...
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I just ran across a 4 Unit Brick Apartment Building for real cheap.
It's in a good location with regards to proximity to town.
I'm trying to determine if the area would be classified as a war zone or perhaps it's j...
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I am really drawn to the idea of building a large portfolio in low income and affordable housing areas. Areas were 90% or more of my tenants will be on sec 8 and government assistance programs. Some of the concerns I ...