Jeremy Harris
Lease option for a section 8 tenant
I am in the chicago are suburbs and have a potenential tenant that has section 8. They are interested in a lease option (rent to own) on a single famIly home. From what I’m reading, it is difficult. Has anyone had any...
Douglas B.
Estimating costs of repairs
this is a post for the SUB30kCLUB and anyone else who can help.
When buying a property in need of some rehab, what do you estimate for cosmetic rehab costs vs major rehab costs? I know that costs will vary w...
Vanessa Ryder
Cash purchase refi- does "seasoning" apply?
Ok heard a lot about seasoning if you want to refi from one initial purchase loan into another after rehab, but wondering about if I buy a property (SFR or Multi) with cash, and then fix it and increase the value, if...
Carlos Vega
California, Inland Empire; looking to make my first investment
Hi readers, I'm a 26 year old guy in Southern California's Inland Empire region, Corona to be exact. I recently began renting a unit in a five unit multiplex and somehow want to talk my landlord into selling me the pl...
Freddy Hernandez
BRRRR- Limit of 4 Mortgages?
Hello everyone,
I have a few questions regarding the BRRRR strategy since I am in the beginning stages of executing my first purchase using said method.
Once the property is rehabbed and rented, is there an amount ...
Garen T.
Feedback on a Covid-19 tenant letter please!
I have a duplex and a SFR. All rents (from 5 different payers) gave me 100% rent payment this past week. I'm thinking of sending the following letter to my tenants. I have not been in communication with any of them fo...
Catherine Lacey
Modular home building?
I'm currently under contract to buy what I thought was an excellent ski house. Beautiful views, rentable space, large. But the inspection unveiled problems worth hundreds of thousands. So unless the sellers come down ...
Erik Pilon
Investing in Ottawa, Canada rentals... as a non-resident.
I’ve basically lived my whole life in Ottawa/Gatineau and then went off to live in a tax free country to hoard some savings. I’ve been registered as a non-resident for the past 5 years.I’m estimating I’ll probably sta...
Luis A.
Is this a good flipping plan?
I have come across an REO that is in excellent condition with comps selling for significantly more. The house would need basically no work other than cleaning and staging (1 week).
(It's a FNMA so this is assuming I ...
Account Closed
Jim's first investment property
Hello everyone.
I am starting out on my journey and have identified my market I want to invest in. Last weeks Action plan was to contact property Managers and start building my Team.
I am currently in Germany as a ...