Jake Boyer
First time flip! Big returns and lessons learned
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $309,000
Cash invested: $72,000
Sale price: $570,000
This was more of a roll over than a "flip" as it was my pr...
DJ Cummins
mold...can i fix it myself?
so we evicted a tenant a few days ago...there is quite a bit of kold, mainly in the bedroom and bathroom. Its very weird and gross. we got a bid yesterday to have it fixed...in doing so, along with cleaning/remediat...
Stephen Rinaldi
House Hacking facts to consider
I think I get a call 3-5 times a week about a client who wants to use a FHA or VA loan on a multi-unit, this is because in many ways its the easiet way to become an investor or to live in a house without a monthly cos...
Jorge Vazquez
Prediction for next year for investors!
As we approach 2024, real estate investors must stay ahead of the market trends. I'm here to share some key insights and predictions for the upcoming year, which could significantly impact your investment strategies. ...
Shao Ya Xu
Homestead Exemption for rental properties in Champaign/Urbana IL
Hi, I was recently advised by my lawyer that I can include this Real Estate Tax Liability section in my lease to get the Homestead Exemption for my rental properties in Champaign/Urbana. I am on the fence of should I ...
Brian Knox
What are landlords to do in this situation?
We just had massive storms in St. Cloud, MN causing numerous tree-damaged houses.
What is a landlord to do if a tree falls onto the rental house and displaces your renters? I mean, if the house is not presently inhab...
Jason C
Resale Certificate
I have recently bought my first investment property (condo) in Missouri. As part of this process I have learned that MO law requires the Seller to purchase and provide a Resale Certificate to the buyer. However, in ...
Mike Gallagher
land trust for personal residence?
I was wondering if I should put my personal residence in a land trust, any info on the pros and cons would be appreciated
Isadore Nelson
How To Get A Realistic Idea Of Property Value In Low-Class Philadelphia Areas?
Good afternoon,
I'm looking at a property listed for $52,000 in the 19134 area of Philadelphia, where similar properties are selling between $50,000 to $75,000. I asked an agent about typical bank appraisals for simi...
Rose Davis
Hard money loan??
If one were to get a hard money loan for a flip and say the term is 5 months and the house doesnt sell, what happens if the borrower cannot pay the loan back? Does it go on credit? Will the lender take the property? W...