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Hello Family,While actively pursuing real estate investing and working towards the goal of flipping my first house by the end of the year, I took and FAILED the real estate exam in October and have hit sort of a "pity...
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Imagine that you have recently entered the turbulent realm of hard money and private money loans. Like in a high-stakes bank robbery film, only this time you're negotiating the exciting and frequently unpredictable wo...
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How frequently both small and large does something break or need to be fixed with your STR? I’m running a pretty busy rental but it seems like there is always something wrong (broken drawer, sprinkler head, clogged dr...
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I understand the long term plan on 1031 exchanges are essentially defer, defer, defer, die. But what happens if you defer, defer, hiccup. Let's say you're on the 3rd or 4th exchange and for one reason or another the...
I frequently use Subject To when buying a property but I look for these characteristics before I propose it to a seller.
The first thing I do is determine how motivated the seller is. If the seller needs to sell quic...
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I'm the listing agent on now 3 current failed OOS investments. In each scenario there were patterns I noticed: - The investor bit off a large rehab with almost no experience managing rehabs before in their real estate...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
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Our Company normally buys distressed property to get cheap building lots which we keep to build our energy efficient rental units on. In our recent travels we came across a Distressed MHP (40 units) on 50 + acres. Man...
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In Toledo when performing an eviction, you have two options. The first, and most common, cause is to evict for possession of the property. This is the classic "get out of my house" action that most people are famili...
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Hello,Is it typical for multi-family sellers to require a signed contract prior to walking through a multi-family property? I understand the lack of desire to bother the tenants every time a prospective buyer wants t...