I have a duplex that I owe $135,000 on that currently generates me $1000 per month in passive income. My primary house has a mortgage of $329,000. I recently sold our old primary house and I have around $200,000. I...
Hello Everyone, After listening to Brandon Turner's podcast on BRRR the other day I'm wondering what the ideal market is for this strategy? I was looking at markets with excellent cash flow- however I doubt they will ...
Hello Everyone,Can someone please assist in interpreting following termination clause in realtor contract with broker?Termination.A. FOR CAUSE. In the event Contractor shall become in default of any provision of this ...
Issue after issue after issue after issue.....My 4 plex seller hasn't raised his rent on tenants in 10 years, ughhh! Sooo the rent roll is not near market value and the only thing making me not qualify for the the loa...
Hello BP,
I have a duplex for sale in St. Louis, MO which both units are vacant and can rent around a total of $2000/month, but it's ready to move in or rent. While there are no big problems with the hardware in the...
It is more important than ever to underwrite deals conservatively and stick to your numbers in today's market. The federal government printed so much stimulus money that society is paying the price of inflation. With ...
Hi, given high interest rate, does anyone know which market still cashflow after maximum cashout refi, which is 75% of ARV?
Hello. I am considering this strategy and I was wondering what you guys think of it. I been saving up to buy my first deal. But with few deals in the Chicago market I was wondering whether it would be good to invest ...
Hello Everyone, Quick question for someone kind enough to elaborate on.Unfortunately, a friend of the family passed a few months back. His family and heirs to his estate immediately put his home on the market. I had a...
This message is for investors in CA, NV or AZ. I am a licensed broker and certified appraiser. How many of you are profiting form investing in REO properties? I can honestly tell you that the myth the gurus are spread...