I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...
I always wanted to do a "deal diary" and now I have the chance to do one! This will be my 13th property acquisition and so I'm hoping to make it lucky number 13!A 3-bedroom, 1.5 bathroom 1,054 square foot townhouse c...
Age 40. Owner of a singe-family rental homePurchase price 15 years ago: $200,000 (zero down payment)Current value: $400,000+Current mortgage: 20-year fixed with 19 years remaining @ 2.875%Seeking advice and opinion...
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
Hey everyone, my name is Blake and I'm a mechanical engineering major at a community college in Springfield, Mo. I have been diving into real estate for a little over a year and I am now confident it is what I want to...
I am curious to those of you guys that actively wholesale properties. Do you tell your end buyer that you are wholesaling or use a double close? Do you tell the seller that you are wholesaling their property or simply...
Hey everyone,I am graduating college in a week or so, and want to be prepared to budget effectively as I start getting real income for the first time. I'm curious as to how you manage your money, any apps you use for ...
I just purchased my first Upper/Lower Duplex and have 3 tenants in the upper unit. I have been renovating the lower the last few weeks and am almost ready to rent the 3 Bedroom place out. The upper tenants are nice...