So my wife and I are considering moving and turning our purchase into a rental after two years. Would love to hear if this would be worth considering.The move would actually be a significant downgrade from our current...
Hi All,I'm in the final stages of closing on my first investment property, a tri-plex in the midwest. I want this deal to work given the dynamics of it. However, things have gone awry the past few days:The MLS listing...
I currently rent my friends place for pretty cheap. I've saved enough money to buy a house and I don't know whether to buy a house for myself starting off or stay renting and buy a house to rent out. I can afford a mu...
I want to start doing my own subject-to transactions in Richmond, VA. I know I need an attorney on my team so I can do things by the book. I want to do right by any seller I work with and I know having a real estate...
Hello,I purchased a duplex in Boyle Heights, 90023, in 2013. The lot is approximately 10K sf. I was able to legalize an unpermitted two bedroom, one bath space, thus making the property a triplex. There is a 520 sf...
When looking at investment properties, sometimes I come across ones that have tenant at will, usually long term tenants who are paying way below market rent.
How do you guys handle these situations to try to bring th...
I have an absentee LL wanting to sell his property for the mortgage balance ($275K) but the property in it's current condition is worth ~60% of the mortgage balance mostly due to the condition of the property. When r...
We are in the unfortunate situation of evicting a tenant from a property purchased from a bank a few months ago. We placed an order of possession with the sheriff today and was told the timeline is 4 weeks. However...
I have an out of state absentee owner that I’m trying to schedule an appointment with but something always seems to come up that prevents the owner from getting down here. Unfortunately the neighbor can’t or is unwill...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Boca Raton.
Purchase price: $615,000
Cash invested: $15,000
Duplex in east Boca Raton
1999 construction
2- 3 bed 2 bath un...