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There was a meeting in Tucson yesterday with Reps from States in Mexico. They're angry about the AZ law and not for the reason you think. If you read the attached, please read to the end. What a double-standard! No wo...
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What is FHA's 90 Day Anti-Flip Rule?Question: What is FHA's 90 Day Anti-Flip Rule?For a number of years now, FHA has enforced a 90 day anti-flipping rule which prevents an investor from reselling a home to a buyer usi...
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ALL:
A couple years ago, I took a course on Flipping Foreclosures but I've yet to complete a wholesale deal. I've recently relocated to a smaller market and decided that I would devote more time to investing. Before ...
I have a tenant has allergy problems. He moved in a week ago and immediately after moving in he complained about not being able to breathe because "the air ducts needed to be cleaned". After running the HVAC for a ...
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Hi BP, I am still trying to acquire my 1st buy and hold. I found a quadplex (4 units at 2 bedroom/ 1 bath each) that is in a C+ neighborhood. Here are the numbers. What do you think? Purchase price: $69,000$17,000 o...
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I often hear investors say that out-of-state turnkey deals aren’t great because they are often at (or above) retail pricing, and you “make your money when you buy”. That being said, assuming the numbers work for you ...
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Hey BP 👋
I have 0.98 acres zoned for multi family in Apache Junction, AZ.the city says up to 22 units on 1-acre can be built. i also own the adjacent 6-unit apartment building. One of the Principal Planners for the ...
Hello, I have a large house that is fully paid for in a wonderful area. I make enough money to keep things running and get by, but not enough to really set aside to invest in any great quantity.
My wife and I...
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We are first time landlords. Our first application came in for our rental, but after taxes their total income is barely 2x the rent, where we require 3x rent. What is the proper way to deny them? Do I have to send an ...
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Hi all,I just purchased my first two properties in KCMO and am looking into more. I have enough cash to purchase one more conventionally then I have to start getting creative (portfolio loans, private lending, etc).D...