I talk to potential sellers every single day. I look at real estate listings every single day. I have now seen most closed listings (80-90%) closing below list price for months now. I believe we're in the middle of a ...
I'm in the market to buy my first home (30 year fixed), and today I talked with my first potential lender. It made me realize that I need to get ALOT more educated. LOL.
They approved me for up to $200,000 at 6.25...
Closing on my first SFH in Richmond Va in a few days. I'm using the site tenantturner.com to market for renters. So far I've got seven prospects in a week but none panned out or even wrote back to me after I sent th...
I came across a 4 unit property listed at 189,000. It’s under contract but I saw a 7 unit for 555,000. The cap rate is 8.17. What amount down would you say should be ok? I know it’s commercial and banks look at the Re...
It took me a while to pay off my first 2 rentals. I then bought a duplex about a month ago. I want to scale my business. I am real fortunate in my life right now bc I don’t have children and I’m not married so I can r...
Pretty much a quick punch out scenario, which may help give you an idea or two. Hope it helps! Dan :idea:
Your Own Homes Improvement Outline
(One for the Ladies)
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Hi Everyone! I've got a situation that I believe I'm in the Right, however just got off the phone with the tenant and his anger and frustration has got me thinking twice. This is the deal. I bought the property 2 year...
Thanks for you feedback BP!I am brand new to realty and just had an offer accepted on my first cash purchase ($25,000 I know its not much) of a single family house. This house is a reverse mortgage / HUD / Foreclosure...
Even before the pandemic (2019) my strategie had changed, I stopped offering year leases and instead only offer at-will leases to residential tenants. Fast forward to the pandemic and the entirety of our portfolio of ...
Hi BP!I am renting out my condo and in an effort to be competitive I priced my unit at $1850/mo. I have since received 3 really good applicants from people that I would happily rent to. Is there any way to claw back a...