I'm considering buy a 3 family as my first investment property. Thought is to owner occupy 1 unit and rent out the other 2.(Hypothetical Situation)149k asking price130k purchase price50k rehabARV value - need to confi...
I'm trying to decide the best way to finance our first real estate investment. Looking to buy a SFH in the $250,000-$300,000 range. We have excellent credit, $30,000 in cash and our currant home has about $400,000 in ...
I sold a property "owner finance" at the end of last year. We signed a contract for deed stating that after 3 late payments the contract shall constitute as a default. This month will be the 3rd month he hasn't paid a...
As the title states I am a newbie (extremely new) that's 21 and currently active duty. It all started a couple months ago just listening to BP podcasts on long drives. Leading up to reading Rich dad poor dad. After th...
I had wanted to start a real estate investment portfolio when I was 21 years old and still in the military (roughly 2007). Missed out on a darn good time to start too! I did not have a tenant move into my first rent...
I finally think I am ready to buy my first rental property. I just need to know what everyone thinks. The house I am looking at is 125K, but needs paint, carpet, AC, and foundation. The total for repairs is about 1...
Hi, I have a 2 family house with a total of 3 people living here. My water bill was sky high last quarter and I'm trying to figure out why. I've looked at the daily usage online and it shows certain days where anywher...
Hi all,I am working through some title issues on a large West End property I am buying with questionable zoning and permitting history. The property currently has 3 kitchens and 3 "units." The property is highly vis...
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...
Does anyone else feel like the U.S Government has violated our 3rd amendment Constitutional rights? The third amendment states "No Soldier shall, in time of peace be quartered in any house, without the consent of the ...