Hey everyone, I'm a rookie realestate investor looking for some advice on a rentel property. There's a lot for me to cover so I'll start with the question. Should I keep a rental property with a negative cash flow but...
So I just completed my first flip. It is a 2bd condo in the suburbs of New Orleans. I took it on to gain some experience and build my list of contractors. Here are the numbers.Purchase - $58k including closingRehab - ...
Hi guys, I'm under contract for a 3/2 + 3/2 duplex in a C class area. Purchase price is $130,000. The house was built in 1980. 7 year old roof. Hvac, electrical updated after Katrina. Zip code is 70114, address is 302...
Hello, I am a new investor and was thinking I'd start with a single family home to wet my beak a little in the real estate game. However, when searching for deals I found a ready to go 4-unit that should cashflow for ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $32,500
Cash invested: $19,000
Sale price: $147,000
This is an off market property. The home had fire damage do...
I have a judgement against a past tenant for past due rent and court costs. With that expressed, it's my understanding I can file that with the IRS againt any potential tax return they could recieve that I would be pa...
Wanted to start a link for the Alabama folks on the site. I work out of Montgomery and I am interested in networking with anyone in the general area. I have properties and looking for properties.
Hello, A few years ago my father passed away and I inherited the house. I informed the mortgage bank as well as heloc bank and continued making payments. The mortgage now comes under the name "estate of xxxxx". The he...
I believe in good honest business and building great business relationships. I believe that everyone can make their lives the way they want them to be if they just keep trying and striving.
Great heres my chance to ...
Hey BP, I am in the process of starting my first yellow letter campaign, I finally finished formatting to allow me to print on the yellow paper. Sheets are printing as we speak! Ok here is my question, as someone w...