I'm a new investor, planning to move from New York to South Carolina to have access to the real estate markets of the Carolinas and Georgia. Say I live in S. Carolina, but buy a 4-plex in Georgia. Do I need to file 3 ...
Alright BP family, I've reached a crossroads. I have 2 houses. One I rent and one I live in. The one I rent I bought after the crash of 08' so I cash flow good on it. The house I currently live in in bought last year ...
Would like to have some recommendation on the rent-to-own contracts: from your experience, is it a good strategy to implement now? Any sharing experience, things to be careful about in the contract?
My tenant claimed she had put cash in the mail and after 10 days I still haven't received it. I rent to a low income area. In the lease it stated i accept cash and money order. It's not on the lease but I also told t...
As a newbie I wanted everyone's thoughts on buying one. Is it a step forward or back? I look at life like i look at a casino.. the games with the best chances to are fewest on the floor...
I just won a 2014 Polaris Ranger 400 HO on a $25 raffle (it is a sidexside). I have been trying to decide if I should keep it or sell it to help fund another housepurchase. The polaris is worth retail almost 9K out ...
Hey guys,I'm fairly new to REI (one property rented to family, looking for another) and I want to get the hang of the analysis. I come from the financial field (used to trade stocks) so enjoy number crunching.I went b...
I was fortunate enough to purchase a multifamily using a FHA loan. It was a short sale in 2015. Purchase Price: $600kMortgage balance: $540k @ 3%Net income: $1600/monthThanks to nice growth in this neighborhood, which...
I know you will all say…..’not again!’. I know a lot have been written about Detroit; either on this site or elsewhere…I have read all the posts……..its went through the largest bankruptcy in the recent history; it’s ...
You make your money when you buy, etc.If I were to buy a 3 br 2 bth single family in a desirable neighborhood, no repairs needed, traditional financing with a 30yr fixed rate mortgage, would i be making a bad investme...