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Just got my first flip completed and under contract. Below are the details. Just wanted to post this for other newbies (like myself) to see that it is possible, and to just pull the trigger.Location: 2208 Searles R...
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If was forced to invest out of state. Without having to think about it, I would probably concentrate my investing dollars in Dallas / Fort Worth.1) Population is estimated to grow over a million from 2010 - 2020. 2) G...
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Tenant left state. I have their address, and they owe me about $2500 after damages and back rent. I'm in Alaska, and will be sending her the security deposit statement tomorrow. If they don't pay I can sue them in ...
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To The Ville!
*If you follow my posts you know this is rather quickly to do another post for Fayetteville NC, however, my original Fayetteville post was not done in the current format that I now use, therefore lacks ...
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Trying to decide on using reserves to pay off rental mortgage or keep. I am retired, 72 and own 4 college rental houses. Zero vacancy as housing shortage is acute and typically let students pick their successors. I st...
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Does anyone have any experience converting a two family to a three, or doing major renovations of a two / three family?
It is somewhat town specific but I am having trouble interpreting fire code for automatic sprin...
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Its a little early in the game at this point but this is what has happened so far:Me: Hmmm... I see 5 For Rent ads on Craigslist with the same title but different properties. I bet this is an investor. I wonder if ...
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Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
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It's been 1 year since I quit my W2 job with the help of BP, and couldn't be happier!As BP said, "Life isn't meant to be lived in a cubicle." I started the corporate world at $45k/yr, and left at $70K/yr. You don't ha...
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I have notice that many (majority) banks don’t like to lend on a property less than 75k. If that’s the case what happens to those that try to purchase properties that are less than 75k? For example in markets like: De...