Hi,
I am currently in contract with a new development builder in Bay area, CA. My loan got rejected after 21days financial contingency period. To be exact on 22nd day. The reason my loan delayed (generally it takes 7...
Just finalized the sale of a 3 bed, 1 bath flip in Ann Arbor, MI with my wife. House was a hair under 1000 sq ft. It was the least profitable deal we've done by a decent margin but it was probably my favorite because ...
This is actually my second HUD home, but I didn't do much research 7yrs ago when I bought my first one. This time I monitored the bid results and did my own analysis for how my local market was doing. The recent avera...
Last year the tenants in the top floor of my Multi family home had a lot of trouble with the heat. It was like they were living in a sauna. There's no central air, they just have window AC's.
Can someone plea...
I've seen several multi-family home listings suggest that a 25-33% expense ratio was not only possible, but commonplace. In my properties, I've been operating at about 50%. Is this something that comes with economies ...
I have to replace 32 windows in 2 duplexes. I'm wondering whether to go with vinyl vs. aluminum, etc. I'm thinking I should get the double panes for the insulation (hot in Florida), but only the single hung (tenants d...
What is the general rule on the minimum salary someone should make in order to qualify for a rental? For instance my sfh rent would be $800 per month. Thank you.
Hi everyone!
My name is DiEdra (pronounced dee-ED-ra). I'm here in the suburbs of Chicago. Since I was a child, I've done something with real estate - starting with building houses out of shoe boxes, then drawin...
This question might have been answered before but who actually owns the property in a "owner financing" deal? The seller or the buyer? I mean when the buyer is making the monthly payments to the seller on the owner...
I’m just getting started in REI. Before I realized this is what I wanted to do, my wife and I lived in a condo that we rented. To save some money for our first investment, a multifamily we’d house hack, we decided to ...