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Location, Location and Location are the there major factors for real estate. When I first moved to Houston, I am very confused about where to invest. I have to browse all over the internet to find information. But fin...
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Hi everyone,My wife and I have been wanting to buy a place in NC for STR / personal use a couple times a year to visit my family. We saw an off-market listing on Facebook in a local market type of group. 2 red flags r...
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Hi all,my parents own a mountain home in North Carolina. Several years ago when a new survey was done on their property and the property next door, it was revealed that my parents propane gas tank (which was already i...
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New to being a landlord. Im looking for information on the process of pulling a tenants credit and doing a back round check.How do I pull credit and how long does the process take?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lilly.
Purchase price: $100,000
Cash invested: $4,100
Three unit building in an upper C and B class neighborhood. 13% Cap ...
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What point do you start looking for the 'next rental property'?
I have 1 rental now:
Value = $135k
Balance = $100k
Equity = $35k
I put down $25k down, so really only $10k equity.
Mortgage, Insurance, Taxes = $90...
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Broke ground on Phase 2 of our 90 unit project Phase 1 is 95% built out and sold in first year.. price points 550k to 750k 2000 sq ft to 3000 sq ft and what we call semi custom. Like most markets there is a total l...
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Hello,
I know that most people say SFR are the way to go, but I have some questions on condos in Miami. I see what appear to be nice condos in Miami, on Trulia.com, that are one bedrooms selling for about $100,000. Wh...
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I do a fair bit of mentoring/coaching to help people on this site get started, grow, and go full time. One of the most common things I see is people NOT going to meet sellers because the asking price is too high. Thes...
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Hey BP!I'm under contract on a 4-plex and I have the property inspection coming up.I have a contingency in my contract for the property inspection, but what does that really do for me?I don't expect to find much (or r...