I was perusing the internet and found this lovely compilation of detroit properties aging over 4ish years via Google Street view. Its quite interesting. Check it out here.
I got my second rental this week and posted on Craigslist. I've had 2 people go view the property and one coming tomorrow. The 2 people that have viewed the property both want it. I really liked one family but he othe...
Just beginning to learn about investing. Been reading on wholesaling and contract flipping. I talked to a realtor yesterday who basically made me rethink what I'm trying to do (dream buster). He told me that he w...
I think I know the answer to this, but if I want to reduce my passive income, is paying down the mortgage via extra principal payments reduce my passive taxable income or is it viewed basically as profit? (this is in...
I don't like the idea of accepting tenants with lots of outstanding judgments. My rationale is that if they already owe someone else money, I probably won't get paid if I end up evicting them and holding a judgment a...
As an appraiser my opinion of the housing bubble is the fauld to the mortgage lenders. Most of the time, when doing an appraisal, if the report did not come out to the expected market value of the property, the lende...
I have an offer in on a house that needs a lot of work. No disclosures available on the property. My arms burn when I am inside home. My realtor said her legs were burning when we were inside. Place has an odor and ca...
When theres a pool involved how much more would you charge per month for this amenity? It's only an 8 unit complex and is in the downtown area.
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,200,000
Cash invested: $300,000
Fully Renovated 4 units of this 8 plex and redid the landscaping. Rented ...
Hey everyone! I am working on my 2nd investment property. Last Monday, my realtor and I drove around looking at potential properties. I got to thinking that it would be good to have a 'go bag' to bring on these tou...