Hello and hope you’re all having a great week!I’ve been speaking to several experienced investors in the commercial MF space and for the most part when we talk about analyzing numbers on a property they always mention...
I am thinking of renting my current primary residence. I dont plan to hold it longer than 2 years so I am wondering if the 50% rule would apply?
I just had an offer accepted for a waterfront property on Lake Michigan near Door County in Wisconsin.I couldn't pass up this place knowing that land on Lake Michigan in this area seem to get bought before most even s...
So, I got my first property under contract!! 3 BR / 2.5BA, 1,248 sq. ft. townhouse. It's a Fannie Mae HomePath property (foreclosure). My agent asks me whether or not I'll be using the HomePath renovation mortga...
I purchased my first rental last year, 8 months later, I'm looking for more. My first goal is 20 units, but would like to have an occasional fix and flip if the opportunity comes. I am mid 30's married 12 years, ...
The story of my first purchase is a favorite that I've been wanting to share for a long time. I now own more than 20 units and have been working on REI for 10 years, but this one deal got me started and showed me a w...
I absolutely LOVE BP... (Had to put that out there)I found this REO that needs a full rehab... I would like to flip it. The realtor that showed me the property only found two properties, one with less square footage t...
One of my tenants wife called me and said they have some difficulties arranging full rent. Rent is $1500 however they could arrange only $700 due to some problems with bank freeze. (Two months back the check bounced a...
So the quick version of this is:My mom moved from the area (sf bay area to so-cal) and kept her house here. I am the "property manager" for the time being.We did as much as we could to get the place rent ready in the ...
Can I wholesale a foreclosed/bank owned property the same way I would with an individual owner?