I'm not looking for anything too detailed, just some basic pointers that you wish you may have known when you started out.
Thanks!
The house is sold as it is. The FHA buyer had a question about the foundation and asked for some repair or reduction in price. I cancelled the contract but the buyer turned around and waived the inspection contingen...
I have a deal I am working on that has a motivated group selling their parents house. The trustee (responsible child) has payed the equity line while the other 2 children just want the equity for the past year. The...
Hi, I am considering using bridge financing through a hard money lender in order to put in a cash offer. I am in Atlanta and the seller is only considering cash offers. The hard money lender’s terms are very expensive...
So i can get alot of properties where i have a INF or really high COC roi but low cashflow say $100 bucks a month. But really its higher because we do are own management but we put all the numbers in like we dont. Bei...
I was initially pleasantly surprised when I looked at the prices and gross rental revenues in Gatlinburg, TN for vacation rental properties. 20% ratios of rent/ asking price are not uncommon. When I dug deeper, I fo...
Good Afternoon BP,I have. A seller looking to sell his property in Lincolnshire , IL the property is not structurally sound to rehab. If luxury home was built on land it can sell for 2m. Home has to be torn down. It ...
Last week I was told to consider having my properties in a holding company. I'm not really familiar with this, I'm guessing it's having them under a corporation to limit liability and pay lower taxes? I have 4 propert...
Hi all,
I am planning to purchase my first STR in Fort Myers, FL sometime in 2024 with my brother. I have two other properties in my home state (NJ) with long term tenants, however I plan to sell one rental and 1031 ...
Upstate NY, small 3 bed,1 bath -800 S.F. in nice area. similar homes sell for
65-85. This one listed at 79,000 ,on market almost 3 years (orig. price 119,000). My offer of $48,000 accepted. Move in condition .taxes ...