Hello, first time investor here based in Atlanta! I’ve been able to locate a property off market and have been having conversations with the owner for a few weeks. He has agreed to sell me the home, but seems pretty a...
Since my first deal fell through b/c the seller caved and told me he was taking his property off the market when I questioned him with a few things brought up by you guys, I'm now a firm believer in most of the advice...
The idea of an FHA 203k sounds like the best tool to use for a new investor. I’ve heard about it for years and with the market it’s a hard sale especially since most agents don’t fully understand the process. I’ve don...
I am looking to make my first investment and would like to be generating 150-180k net within 5 years by adding properties each year. I own a primary residence and I will live in CA and looking at out of state investme...
Here is a scan of my closing costs. I know a lot of those are legit, but the settlement charge seems really high, and also the survey. And the Document preparation fee, seems BS. I am already paying for real estate a...
Can some of you shed some insight on your experience with appraising "as-is" properties for sale? All of my purchases have somewhat been conventional, but I am interested in how to evaluate such properties that you d...
I am thinking of renting my current primary residence. I dont plan to hold it longer than 2 years so I am wondering if the 50% rule would apply?
Hi everyone,I came across a rental house with good potential. The good part of it is, the long term tenant has lived there for over 9 years and they pay rent and are not likely to leave, but the downside of it is thei...
Summary: Last year my business partner (who is no longer allowed to pick out houses) wanted to buy a tax property in Norwood (listening to his mother). We road around for a good bit and it seems like all the good ta...
Good Day Team, I must say I have learn't a lot from this forum and the valuable information provided on this platform. I started investing in rental properties 2 yrs ago with my 1st one and currently am sitting on 10....