My wife and I are going to take our very first tour of a possible rental property today! Any advice or tips for things to look for or ask about?
Hi BP, I have a SFH rental property that is about 1100 sqft. It’s zone RM-1. I would like to convert into a duplex for better cash flow. How difficult is it to do so? How expensive? How complicated is it to get a perm...
There are no two ways about it: rigorous due diligence is required. It serves as the foundation for all successful deals.The first stage in analyzing a possible investment is to perform rigorous financial due diligenc...
HI all! I am just starting out and am going out to my first home walk-thru. I need help with figuring out the costs for the repairs needed. I don't want to estimate too high or too low. I have a great checklist to ...
Hi All, I am looking at a few mobile home parks in MN and I am wondering what you all use for evaluating the value of a prospective mobile home park. Are you evaluating it the way you would an apartment building? Woul...
I am a looking for advice on how to screen tenants for a property my wife and I still live at. We are moving to new house and will be renting the current one. Is it a bad idea to have people over to my home while I am...
Hello!
The seller will not do a property walk through until we are under contract as he doesn't want to spook the tenants. He is saying that he doesn't want to have numerous people who are interested going through th...
Looking into my first deal and stalling a little after walking through property side by side twinasking 70,000 for both sides; 2400 total square feet, 1200 each sideone side is almost completely gutted with new electr...
Hello all,
I just found this site and it looks like a great resource! I hope to learn a lot and contribute more in time.
Anyways I've been learning about real estate investing for the past year now and I've been loo...
Is it a good idea to buy a professional inspection report before making a firm offer?