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To set the stage, my business partner and I sinvested 50/50 on 3 single family homes in Colorado Springs this year at the age of 25 (average purchase price of 230k-240k). He has recently purchased 2 more homes on his ...
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Hello,I have a question about whether property manger is at least partially responsible for repair costs on bursting pipes due to heating being off after tenant abandoned the property. The property manager for one of...
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If I were to use my VA loan to get a multifamily (under 5 units), this whole idea of the one year stipulation keeps arising through other discussions. So my work around, option A. build rapport with a local bank and r...
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Hello all, I'm currently in the process of buying a duplex that has long term tenants on both sides. By all accounts the tenants are great tenants. Apparently they pay their rent on time every month, both times I've b...
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Hello! I'm new to REI and like many, think it's a good idea for me to get into whosaling. I recently ran across the debate of wholesaling being illegal without a listense because the wholesaler is essentially brokerin...
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I am looking up some houses to fix and hold (rent) and I am doing some analysis, but there is absolutely no way to get a deal which fits the %2 rule.
Here is an example:
http://www.zillow.com/homedetails/2911-Nels...
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I'm hoping to get some big picture advice on structure here, pros and cons of different options, etc. I already have plans of meeting with an Attorney well versed in land trusts and Real Estate partnerships for the ...
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I am having trouble with Chase on a second mortgage. After numerous conversations they continue to say they will settle for nothing less than the full amount $50,000. They are saying my bid for the house is to low at ...
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Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
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I no longer really want to do out-of-state SFRs so wanted to sell my Memphis house.
Spent about 9k on rehab from property management company, but didn't look good.Hired a realtor, he said I should spend another 16k o...