I've reached out to a few realtors and was given a list of turnkey properties. A few caught my eye with the description of for sale $30,000, rents for $800 long term tenants, good payment history, fully rehabbed in 20...
Hello, i am new to real estate looking to get into wholesaling. My biggest hangup with this model is that it seems almost all the “gurus” teach to lie to homeowners and say that I am going to buy the property which is...
Hi everyone,I've got a weird question today. My husband has been working on our ancient 4plex including what started as a small handful of repairs at one of the units where a tenant's been living for about 18 years (...
Hello gurus,I am new to investing. My plan is to have 10 units/SFH/Condos etc in 10 years. I plan to buy and hold them and rent it for positive cash flow. The plan is to have something around 13k in rents from all the...
Hello All! I am new Real Estate Investing, and looking for some encouragement. I have been playing it safe all my life and now with so many options, I struggle making a decision on which route to go. No money saved, 7...
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Hello BP,Dear Grandma is looking to downsize. Her house completely paid for and she has one note on it that she used to purchase a car with a about $18K remaining.The house is a two family. The main unit is a 3 bed...
I sometimes have to give tenants, what I call an "attitude adjustment".Below is an email that I sent to a tenant. In her email, she talked about invoicing me for when she had to talk to the utility company. I sent t...
So I bought a 3 family in NJ and have gut renovated all apartments and have had great luck thus far but have run into my real first issue. Here is the situationI gutted one of the units (3 bedroom 1 bath) with a new k...
As an investor, property manager, and Realtor focused on selling investment properties I have seen most new investors make the same mistakes. Many times they come to us for help on the property management side and we...