Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...
I live near St Paul MN and I am struggling to find a sale where I would actually come out with a positive cash flow. Suggestions? Looking to purchase my first rental property!
I thought I would throw out a topic for discussion....Tell me about the process that you go through to screen tenants.
Hello experienced investors...I have been reading threads and have a 101 knowledge of notebuying from other short teachings but still need a great teacher. I want to buy non-performing notes from smaller banks on SFR...
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
So my question is what is the real upside if there is an upside to buying property out of the country?I’ve seen a couple of posters that advertise directly or indirectly about different projects internationally. I’m a...
First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
So here's my situation. Looking for some feedback on what I can do differently next time.I found a multi-unit in a town where I grew up. Five units total, four currently rented. Vacancy rate is low. After getting some...
What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.