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I finally got a deal! I'm in the process of completing my first deal. It is a duplex. I'm doing a fha 203k loan. I'm going to live in one side and rent the other out. I want to get some thoughts from others. Purchase ...
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How does one put together a breakdown of renovation expenses for a commercial bank loan application? Does anyone know a short and simple way to do this? I must be having a hard time seeing the forest through the trees...
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Hi all,We are having issue with our tenant and not sure how to deal with her. Late last week, she contacted us and stating that the upstairs toilet is leaking, through the floor and the bottom floor ceiling. On Monday...
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So I’ve been dealing with one of those ‘tenant from hell’ types for the last couple years in my SFR in Moreno Valley, CA.
He’s been violating city codes by illegally operating an auto repair business on the premise...
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so my mothers significant other has a home that he stopped paying on. There is a mortgage over 80k with a tax lien. I searched the internet looking for market value which is about 125k maybe more. House is basically ...
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Every person will be different, but how many properties have you found to be manageable to manage by yourself? At what point did it become too much along with your full-time job?I'm planning to buy 10 rentals over th...
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Hey guys and gals,
I know it might not be a huge deal but after checking out properties for over a year and making many offers, I finally had my first accepted! Duplex in Garfield, Bergen county. 2x 2/1 with a finish...
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Hi everyone! I'm not sure which place would be best to post this so I'm posting this here and in the introduction section (this is my first post). I apologize for the length but I wanted to give a lot of background to...
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Hello BP!So after reading Set For Life, I am finally past the $25,000 threshold and between the $50,000 - $100,000 threshold. One question I can't answer for myself and can't seem to find any real good substance is: S...
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Hello BP,
I have advertised for lease on the shop window of one of my commercial units and yesterday I received a phone call from someone who told me that he has his own construction company so rehab s...