My wife and I purchased a SFR rental for $200k. We put 20% down, only had some minor repairs before listing. PITI will be $1247/mo and will rent for $1700/mo. (I realize this is more down than most recommend, we just ...
Economic Update (Monday, August 24, 2020)
Its going to take years for our economy to fully heal from th...
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
I have invested in over 40 RE debt deals on various crowdfunding platforms. The oldest is about 8 months old. Every one of them is happily chunking along paying 10%+.I am currently in the too-good-to-be-true phase. ...
Hi everyone,Has anyone come across the seller not providing bank statements during due diligence? Is this a red flag or something that is common? Just looking to see how hard I should be pushing on this issue.Thanks...
We recently purchased a property with two inherited tenants. One of them is a "problem tenant". The previous owner said they were going to terminate the month-to-month lease if they hadn't sold the property to us. ...
I am looking to purchase a duplex as our first rental property. One of the units is currently rented by an 80 year old woman that has lived there almost 40 years. She's currently paying less than half the market rate...
I've been approached about the possibility of investing in a real estate start up. It is being founded by two multifamily real estate executives who also dabble in residential real estate. They are planning to start ...
Does anyone else have these rental registration programs where the City forces you to pay a yearly fee to register your rental property?
Where they force you to allow a city inspector in every time a tenant moves in....
I'm really looking for the solution to this problem. I live in Berkley which is just an average blue collar city with a small population. My home which is a 3/2 has a tax of 3k annual, which is the norm here as we...