I recently bought a 100-year-old rowhome in Philadelphia as part of an estate sale. My original goal was to fix and rent. It's detached - the city knocked down the home on one side in 2018 and a private individual kno...
Hey! Thank you in advance for reading and replying! So I have, at least I thought I had my first subject to deal underway. I have a seller who has a home listed in one of the hottest up and coming neighborhoods in the...
I have an opportunity to buy a property using a creative purchase strategy and I'd like some feedback on the deal structure. If anyone knows the Virginia market, this property is located in Petersburg, VA in case that...
Hi everyone,I have just went under contract on a home in East Flat bush / Canarsie area in Brooklyn. I understand that the location is lower middle class but it looks like a faily decent neighborhood, especially somew...
Didn't know where else to post this question but figured this would work.So apparently, one of the apartment complexes here had discovered that a meth lab existed in one of the units of the property. U.S. marshals and...
I have a tenant who wants to break her year lease 5 months early. She has offered to pay 3 of the 5 months but keep her deposit and last months rent.If we let her go, having some buffer to find a new tenant would be ...
I understand the 50% rule and have used a variant of it before becoming a member here.
However, my question goes to the next level... What is the appropriate valuation method of a property that needs some rehab work...
We are closing on our first rental house in a couple of weeks. We are considering doing a short term rental (Airbnb, VRBO) for the first year until our daughter moves into the house for college accommodations. She w...
I am planning on selling my duplex in OKC, I have been self managing it, and have two current leases that aren't even half way through their lease. They're great renters. I'm trying to navigate how I should communi...
What skill sets or background knowledge did you have before closing your first deal? What skill sets or training did you acquire along the way?I am very curious to understand what it takes both professionally and with...