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We currently live in Tampa, FL. We are new to investIng. Homes seem so much cheaper in Vegas. If you had the opportunity to move to Vegas to invest, would you? Why or why not?
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I'm considering buying a multi-family property with approximately 100 doors. The NOI, based on the forecast provided by the on-site management (extrapolated from previous years), is $220K, though this is after $60K in...
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I would like to hear a good discussion on Price VS Terms. Now, first off I am a big Fan of the the buying at a huge discount for cash flow. I have read enough posts by MikeOH on this.
Now I know these types of dea...
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When do you think the bottom will happen? While nobody can accurately predict either top or bottom (it took the Govt a year to declare a recession), everyone still has to plan for the future and you know what they sa...
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Good morning BP. Firstly let me say that I'm using my girlfriend's account, for some reason my Pro account (@Joshua Pavao) won't let me make a new post! I will post directly under this with my account, so PLEASE tag t...
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Hey Guys,
One of my paying borrowers has unfortunately passed away. I found out via a door knock. The agent spoke to someone at the property who was hired to do maintenance on the property and had indicated such. ...
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Last year I too bought a home that somebody died in. I found at after closing when I was talking to the neighbors, I have 35 rentals so it seemed a welcome addition to my family of disfunctional homes. They had told...
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Hi guys, Assuming most points and highest rates: (Hard money lender offers 2-4 origination and 11-14% interest annualized. I'm assuming 4 points and 14 % rate)Purchase price = 210k This particular lender requires I pa...
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Hello
I own a few rental properties in B and C class neighborhoods. I've purchased the properties at low price points so they have minimal debt service. My dilemma is that a good number of them are section 8 renta...
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So I've been looking at buying homes from sites like Auction.com. I noticed it says you do not get to see inside the home in question. Any suggestions or recommendations before deciding to buy from a foreclosure auc...