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I realize this question has been asked and answered many, many times.However, I just want to know how to recognize a good deal, more specifically in my situation.I am looking for my very first investment, my idea is t...
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I have a question regarding wholesaling in the state of louisiana. In Louisiana, we have what is called "Lesion Beyond Moiety" which states if a property is sold for less than half of the market value at the time of ...
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It's an approved short sale for 58K, vacant (formerly tenants there), so possibly short sale process might move faster. I don't know if I can realistically offer lower than 58K--I need to talk more to my realtor. It s...
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I currently live in a Duplex that we house hack, living in one unit and renting the other. This was purchased in December 2023 and I am trying to Tax plan for the coming year.1. I have heard from others that you shoul...
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Hi everyone. Quick question. Say you want your tenant to move out. You give them a list of things to do before they move out and when they need to move out by. Say one of their tasks are to clean up so it looks like t...
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Hi All, I've been reading on here for several years but just now in a situation where it makes sense to buy. I'd be buying as a primary residence and have spent the last week looking for a mortgage. It has been quit...
Hi all,I have a unit with essentially two tenants. They are both on the lease. One tenant has been paying me $400 (half the rent) consistently. The other tenant (non-paying) has not paid in four months. I threatened a...
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I’m seeing some potential opportunities through a wholesaler,But I see and if there are some traces of someone who was renovating it and seems like they left it halfway does this mean trouble? should I jump in?
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $825,000
Cash invested: $11,000
This deal is all about using other people's money and it starts with a previo...
If you have a duplex, do you pay for the lawn care or does the tenant maintain their half of the yard? If its provided do you increase the rent any?