Just as in any other business venture you have to way the risks vs the rewards. Those of you that have successfully started or successfully invest in low income areas what are your thoughts. It's no secret that the lo...
Hey everyone! I'll try and keep it short. I've been looking more into Norristown lately as a place to invest and potentially start with my first house hack. The prices are much better and there is a larger amount of m...
Currently, I have 7,000 sq. ft. of unused and unrented basement space. It is in the heart of downtown of a smaller (14,000) city. I am brainstorming on what I could use it for.
The building is zoned for commercial an...
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
I have a pair of tenants that are known by all tenants as the drug/pot dealers but no one is willing to testify.Before they moved in, I checked their background and they had nothing bad. I could not talk to their prev...
I have been reading about the costs to build a duplex and begin renting, but thought my situation was a bit unique and so I decided to make my own post.
A few years ago we inherited a house and land in town close to ...
I have an urgent decision that I could use help on... My wife and I bought an 11,000 ft² Warehouse space and have white boxed it. It appraises for $800,000 and as of today we have about $550,000 into it with renovatio...
Economic Update (Monday, November 2, 2020)
Today is Monday, November 2, 2020. Tomorrow is Election Day. S...
If you go to a house that you found by driving by or someone answering an ad in a newspaper - someone you don't really know and when there are no others involved in the relationship (Realtors, on-MLS, etc.), do you ev...
We rented out our house 2 months ago (We had 3 applicants we chose the one I thought low risk but turned out total nightmare). First month we spent close to half month rent to fix things they requested. Starting secon...