On 2/8/2023 LSM Land sent me a letter stating:Hi Reuben Gathright,We are a real estate investment firm based in Austin, Texas. As we were researching the county public records, we found you as the owner of a property...
We found a rehab in the local area in a good neighborhood surrounded by good schools. Here are the specifics.Sale of home = $80,000Cost of rehab = $30,000Real Estate Fees =$6750 (max)Bank Closingg Fees (I need help h...
Looking at a 4 Plex and wanted to get everyone's opinion on the numbers.
Price is $225,000
Mortgage, taxes and ins are about $1,800 mo
3 units occupied, one owner occupied, currently renting for $2,500, will be abou...
If you own a duplex , do you get taxed for each unit you have, since you technically have 2 different residents with different electric and water bill. I’ve have been asking but know can give me an exact answer .
We're considering making an unsolicited offer to purchase an apartment building. We know what the rents are, what the vacancy is, what the competitive rents are, have estimated per-unit and site rehab costs, after-pu...
Hello BP fam, Another beginner question..I am wanting to invest in SFRs in LV(I have family there and grew up there). However, doing several analysis, home prices have gone up quite a bit and it looks like the returns...
Hi All,I've come across a duplex with a frustrated seller after a drawn-out FHA deal fell through due to the buyer's financing. Evidently the buyer's lender required him to pay off his credit card balance in order to ...
Hello, I really need an advice.Here is the story. I am in CA, at the end of last year I bought a rental house in Indianapolis. It has a tenant who is responsible for paying utilities bill. Last week I got a tax bill...
I own some rentals in Indianapolis and recently found out that my PM is charging 15% extra on my electric bills. Is that even legal?
I'm looking to buy and hold in the NYC/ Northern NJ area. With high house prices and high property taxes, most houses in the area cannot achieve cash positive. Here's one that I found near Newark (OK neighborhood):...