Hi fellow members,Just discovered Roofstock website yesterday via Marketplace here. Buying properties non traditional method. I love that investors that wish to buy and hold are able to purchase occupied properties....
Let's say I purchase a 4 plex that rents for $2,400 a month. It has a new roof, 4 new a/c condensors, 2 new water heaters and tile throughout. My PITI totals $725/month. I take that $2,275 left and put it in the bank...
Hello All,I’m new to both the group and Real Estate world. I do have a question though I currently own a single family in NC with a management company. Lately, I haven’t been satisfied with them and was wondering is...
Hi all - appreciate your help in advance. While I understand that it is quite easy to get a loan on a 2-4 unit multifamily to an individual, I am having trouble identifying the types of lenders who will loan to an ll...
This one is a bit beyond my knowledge of exactly how 1031 exchanges work. I wanted to reach out to you guys for some advice.I have an investor that I am currently working with that has invested in several other projec...
For those who've invested with REI Nation/Memphis Invest, I'm wondering how you calculate closing costs into ROI. On their pro formas, they don't appear to take them into account. If they can be upwards of $6k, does...
Hi. I was wondering if anyone has had success with FreedomSoft, Zoho, or REIBlackbook? Right now I need a way to manage & generate wholesale leads & marketing campaigns & property management. Another tool ...
There are multiple deed of trusts recorded on a CA property that is now under escrow. If the contract price cannot cover all the payoff demand, can the seller still close the escrow? What would happen in this kind of ...
Hi BP, I am looking for referrals for a nationwide insurance company to get coverage for my out of state rental property. Is it better to go with an insurance company that is specialized on investment properties, or ...
Good afternoon everyone,My friend recently told me that his brother's property is being foreclosed and will go to auction mid next month. I told him I'd see what I could do and this is what I came up with. My plan is ...