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I am interested in purchasing a mobile home notes portfolio. There are 16 units with value of $325,000 with monthly income of $6,186 and 10% interest. The majority are seasoned and all up to date and none are behind i...
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I’m trying to buy a property from a lady. This property is payed off, she said she won’t sell it because the capital gains tax is to much. I thought if we structured a owner financing deal she could divert the capital...
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Hello all. How much should I give my agent/partner on the first few deals? I D4D, call the agents on on-market deals and call the owners. She represents me as a licensed agent and gives me advice as to how I should p...
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I rent my old house (was unable to sell house when moving to new house) and have a outstanding mortgage of 95K at 4.75 interest rate. I was looking in re-fi. Can do a 15 year mortgage at 3.25% and pay close to what ...
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I’m a new investor, and I have been looking at a duplex that has come up for sale on the mls. The current rent is slightly below market for the area, but the current owner is also paying for all utilities, including i...
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Reason 7 on Why the Wealthy Invest in Real Estate!
Economies of Scale
✨This one is simple - the more units under management, the higher your ability will be to lower expenses (think cost per unit), thus driving up t...
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Hello BP! I am pretty much brand new to real estate investing, so I'm full of questions but this is the one I am currently debating. Is it better to buy in one area, or multiple areas? (if the math makes sense of cour...
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I just found this website and have been amazed at all of the knowledge flying around. I don't really know what I am doing but I am working on that everyday. I am a new to all of this investing stuff but think I made s...
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I received this from one of my lenders and thought that it was too good not to share. As someone who primarily funds loans from CMBS, agency, and insurance companies I think this info is on point.Despite turbulent ca...
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I'm currently involved in my first flip. Doing a live in flip to negate the necessity to use private money, and to really take the time to learn the process. The house is off of Detroit Road in Rocky River, right befo...