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Hi Everyone,I have had my eye on Ohio for the last year in a half. I’ve been reading real estate books and listing to countless hours of audio books as well. I have made an agreement with my wife to buy our first dupl...
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Hey! I'm moving to Colorado next year from Los Angeles, CA. I'm dying to get my first rental property in Colorado and have begun scouting numerous areas to get an idea of markets out there. To those that have been in ...
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We have one rental property and the lease is about to expire. The tenants are interested in purchasing the property, but have poor credit. We had hoped to set up a lease option, but after spending HOURS on this foru...
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What % rate should I currently be looking for from a local bank on a 15 yr. Commercial loan for a single-family rental property?
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I’m completely new to fix and flip but I have been doing some research, I’ve been looking at distressed properties in my area for example one I’m looking at now the listing price is $359k Arv is $550k the contractor f...
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I have what seems to be a very promising property. Planning on doing a walk through this week. What do you typically look for?
Hi all! I recently bought an ugly home (the interior space, location etc make up for it!) but I would love to get some ideas on what to do to make it less painful on the eyes. The porch needs to be rebuilt and the ...
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If you have CASH and you're a NEWBIE real estate investor, don't tell everyone you have so much cash to invest. You need to LEARN the fundamentals of good investing first.Here are some of these fundamentals. These are...
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I have an opportunity to invest in a private money deal for a fix and flip with a 15% return, however, I was told that CA usury laws only allow 10% returns for private lenders. Does anyone have an insight on this?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $245,000
Cash invested: $74,000
The 2 bedroom will be a long-term rental and the one bedroom will be a mediu...