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After 2 years of being a Landlord and doing major rehabs on my properties ALL MYSELF. Today I hired my first Handyman to do a job that I know I could do myself. He will replace a bathroom Sub floor in one of my duple...
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Purchase price is $25,000
Rehab and holding costs: $10,000
Sell Price is $50,000
Time elapsed from buying to selling: 90 days
If investor is loaning all $35,000 -- what is the reasonable / a...
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Hi!
I Need some advice, I'm selling in SFR here in Las Vegas. It's listed for $150K, and I think it may appraise at $155K. I'm having a hard time choosing between these two offers.
1) Cash at $159K
2) 50% down Con...
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Hi, I'm completely new at this and trying to learn how to analyze deals.Ideally I'd like to make my first deal in the next 6 months.I'm basically trying to get my feet wet, go through the entire process so that I unde...
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I am considering buying a 5 unit apartment building. What should I expect to pay (interest rate) on a 71% commercial loan to a bank and a seller carryback 2nd mortgage to the seller. The seller is willing to take a ...
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Hey guys, I've been scouting for what feels like ages to find a good deal.
My search has been consisting of small multifamily houses that I can house hack. My original goal was to live for "almost free" while buildi...
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What do you think about deposit-free options for residents such as security deposit insurance? Have you tried this method in your rental business?
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Hi everyone, great site. It's been very helpful to me.
Right now I am dealing with one of the easier problems I've had in my short career.
I rented out my first SFR in March. Less than a week after the tenants moved...
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So I am on my live in flip which is going to become my first rental property in a year or so. My windows are pretty shot so I am getting them all new, $8,000 for whole house vinyl or $12,000 for Marvin fiber glass wi...
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Hello everyone, I busted wanted some advice on purchasing a home while having personal debt. My wife and I do not live in the most desirable part of Newark, NJ and have been wanting to leave in order to purchase a mul...