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We are under contract on a side by side duplex near our hometown in Ohio. We just found out that we are inheriting the sweetest 80 year old tenant who has lived in the place for 20 years. Market rent is $950+. This li...
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First of all, feel free to make any and all comments you wish; there's no need to sugarcoat anything. I appreciate almost any feedback where the poster makes a sincere attempt to share their opinion, regardless of wha...
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So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
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If you had a few hundred thousand in cash, ready to invest in RE -- what would your RE investment strategy be?Spread it around? land, multifamily, SFR, commercial or simply concentrate on one specific type of RE inves...
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Submitted a full price offer for a 3/1 with a guest house. The numbers work great after house is rehabbed. Offer was signed yesterday by seller & I paid both earnest money and option fee. This morning, the agent c...
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Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
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Hello Everyone! I am a senior in High School about to graduate and am very tempted to drop the idea of going to College and dedicate the next four years of my life to working full time and saving all of my money to pu...
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A person owns a home in Washington, DC and has a mortgage on it. They relocate to Massachusetts. One month later, they refinance the DC home and get a new mortgage, claiming the DC property is still their primary re...
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I guess we'll see how that tactic works in November:
Speaking on health care Monday, Senator Diane Feinstein said, "I've gotten 90,000 emails and faxes on the health care bill and over 85,000 of them are against it. ...
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I've done a few BRRR investments and my strategy is to buy at 75% of the AVR including closing costs and repairs. I'm looking at a deal where the seller is motivated due to a 1031 exchange. I told my agent I wanted to...