Matthew Richey
First Duplex. My numbers aren't 2%. Owner-occupied - Seattle area
I'm about to put my offer in for a my first real estate investment.In Auburn, WA which is about 40 minutes outside of Seattle,WA Listing price was 330k and dropped $5,000 about every 6 days which is now $315k I'm abo...
Allan Ringler
Rental income vs. Property appreciation
The question for you all... would you rather purchase a property that earns you positive cash flow month over month but very low property value appreciation or a property that barely breaks even every month with great...
Chris G.
These homes for $15-$25K that I keep reading about... are they going to see any appreciation?
I keep reading about these homes that you can pick up for $15-$30K and that you can rent for around $600/month.
I'm wondering if they will ever see any appreciation, or at the very least hold value.
Are these homes j...
Tim B
Getting around the 90 day seasoning rule
Purchased a fixer and someone offered me $15,000 more to buy it as is. Since I just closed on the property - how can we get around FHA's 90 day seasoning requirement.
I just did this on another property - bought an...
Drew Bursey
Low Ball Offers: How Low Have you Gone?
Hello Everyone,
I was looking at some properties and the numbers (based on the price and current rent) don't work for a decent ROI greater than 8%.If the property was $20,000-$30,000 cheaper the numbers would work (8...
Nancy P.
Tenant has blocked our numbers....next move?
Couple moved into our very small condo (550 sf but nicely finished and nice area.) Male had a felony which he explained and we decided to allow in. They promptly broke up---far too small when one is working at home....
Henri Meli
My first commercial building analysis
I need some help evaluating a commercial deal I have in mind. This is the first commercial property I’m interested in. This property is a 17,300 sqrt class B commercial building located in Wake County, NC. The tax va...
James David Powell
HELP!!! Land Contract Gone Wrong?!!
My hope is that the title rings the ears of one credible person, or maybe two—the more the merrier!Without further ado . . . .I essentially acquired a $150,000.00 residential home in the market for $25,000.00. I waite...
Kevin Chan
Concerned about buying OOS and rental staying vacant
Hey BP, I joined very recently, but I have been interested in purchasing some rental properties for a long time. Because of the low ROI in California, I have been looking into out of state properties.
Many of the ...
Lokesh W.
Realtor Not Returning Earnest Money. Cancelled My Check
I have never backed out on a deal for which I have paid earnest money before.
I had an accepted offer on a duplex. I mailed my earnest money but later I changed my mind because another offer of mine got accepted so ...