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Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
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Hi,
This is a bit of a follow up from my previous post. I'm very interested in a REO property that's about to come on the market soon. I tried to buy it as a SS but it ended up at foreclosure. The bank had accepted my...
Unfortunately we didn't fall under the category of "deal fell through at the last minute." Ours went through. Long story short, we found a house on Coldwell Banker. Drove 4 hours to look at the property....twice. ...
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I recently paid a builder about $4,500 total for several projects at my rental home in Indiana. These were: building a new wood deck at back door, building new staircase in basement, installing a new window, repairin...
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Current eviction moratoriums are set to expire on 12/31/2020 - 01/01/2021.
What do you expect to happen after the moratoriums are lifted (burdening consumer debt, an abnormal amount of evictions, payments will resume...
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If you didn't catch the "Seeing Greene" episode recently, an excellent question was presented that I thought would be worth discussing. Every area you invest in has risks of natural disasters of all kinds, but these d...
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Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
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I've converted to being a pet friendly landlord. It seems over the past few years that 75% of the applicants have pets so it makes sense to do so. Conversion of flooring to accommodate this is expensive and I charge...
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Well, my first thread is and continues to be a success. I made it with the intention of educating prospective buyers on REI Nation/Memphis Invest. I am not affiliated with this company in any way - I wish i was so the...
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Hello BP,I'm looking for emerging markets for single family homes which can be purchased for $100,000 or less. The properties should cash flow (even just a little) when purchased with 20% down. The locations should...