I just bought this building last month. My twenty something year old tenant had 2 unapproved cats and her apartment smelled horrible. I sent her a letter to get rid of the cats. She decided to give her notice and move...
I just finished a walkthrough of a absentee owned SFR3 bed 1.5 bath 1488sqftDecent comps imply ARV=$60k-$80kRent rates for similar houses in that neighborhood=$950-$1100Everything on and in the property needs to be re...
I just recently got a 3-unit building under contract that currently has no heating system in the home. I am trying to decide between rewiring the entire house and putting electric baseboard (this would also get rid of...
In May of this year I had a failed attempt at securing financing for a mortgage on a rental property. I ended up paying cash and then refinancing two months later. The question is about the cost of the failed mortgage...
Hello Note Investors,I am considering investing with an someone who specializes in NPNs. I'd like to get your thoughts on the proposed terms. I would bring the capital and we'd split equity 40%/60% - my return at 40...
Looking to send this yellow letter to free and clear absentee owners. The goal is to buy their property with seller financing: a little cash up front and monthly payments.
I know most of the example yellow letters ...
Hello Everyone! Newbie here from SF, CA. Originally from Chicago, been living in SF for about 7 years now working as a full time Accountant. I almost spent 10 grand on one of those online real estate mentor programs b...
Can an investor somehow pay the owner of a depressed property a fee to have them quitclaim the property over to them in an effort to keep the sales history at market value and to not negatively impact the value of com...
This past week the FED indicated a pause in their historically paced rate tightening cycle.
The pause in rate increases should have the effect of eventually lowering mortgage rates.
I have written extensively abou...
Hello, i have a tenant in Phoenix AZ area, that has been late in paying rent for last 2 years, due to me being out of state and schedule i finally decided to evict him. He would pay rent usually half around 15th and t...