Anyone still thinking that they are going to find profitable deals like duplexes, fourplexes, and good singles family home to rent at potentially 6% or 7% interest rates and current asking prices?
I am currently looking for a property to update. I've been looking at alot of downtown properties, but I dont' know where to get information on them. Alot of them look abandoned and need alot of cosmetic work. But I t...
I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...
Hello,I won two properties on auction.comBoth have judgements on them as per the preliminary title report and doing my due diligence I found at clerks office.Property 1) 8k lien from credit cardProperty 2) 2k and anot...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
This was the general question someone else posted (@Connie Tang), but since I ended up writing a novel with some Negotiation Points, I wanted to start a new thread.
Here it is:
Don't be afraid to approach the subje...
This seems to be a widely held mantra here. If you buy in a high appreciation market, you're not investing, you are speculating. That's not something I have ever heard here in Hawaii. Probably because it's not true...
I invested in a property in property in San Diego in 2015, whose numbers were indicating it was going to be cashflow negative by a couple hundred dollars per month. I was a little surprised at the near universal advic...
Hi Guys,
Currently in escrow for a tenants occupied duplex in Los Angeles. We already got the tenants to agree to cash for keys to move out. They agreed to accept $2500 each (1 months rent) upon move out Oct 2020. ...
We have a couple of properties in Atlanta, Georgia, in very desirable neighborhoods. My brother and I got really lucky during some tax sales. Property 1 is 14.7 acres but has two easements: a gas utility running on th...