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Just got word yesterday that the seller accepted my offer on a 4plex! Very excited for my first move into real estate. The 4 units are a 3bed 1bath, a 1and 1, and two 2 and 1’s. I will be moving into the 1 and 1 and r...
As name suggests, I sense I have some of the parts to build (or start) my real estate investment business. The problem is I am not sure where or how to start. I am unclear with myself on what (rental, flipping, etc.)...
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I need help with making sure our numbers are good. This is our first true non owner occupied flip... So here goes. Forclosure Purchase price is $43,000Conservative ARV biased on comps in the area of $85,000Repair cost...
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I’m about to be finished rehabbing my first single family rental property. Should I hire an agent to find a tenant or do it myself?
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Hello,I live in Tacoma and I'm trying to decide if my wife and I should sell our home or rent it out. It's 3 bedroom, 2.5 baths and 2300 square feet. We have around $170k in equity. Selling would be nice to pay off...
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Started out with $4,000 at 22, and at 27 he's rocking it with his own company. And covered in Forbes, no less. How'd he do it? For starters, I couldn't agree more with his 'secret'. In his words: "I believe that be...
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When buying a fourplex that has one water heater and one meter for electricity. What's the best approach, should we put in separate meters? How to address one water heater? Thanks in advance for feedback.
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This property is a duplex in a college area with good rental history (not college kids)Purchase price $125,000Rent $1850Electricity $25Water/Sewer $100Insurance$100Heating $150Vacancy (5%) $92.50Maintenance (5%) $92.5...
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Im new to REI. Can anyone give me a rough percent estimate of total expenses including tax, insurance, and everything else.
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I'm buying my first live in triplex, and I will need to ask one of the tenant's to leave. In Philadelphia, PA. Can i just drop this notice in the mail to the tenant giving them 30-60 days to leave? Do I need to or ...