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I've recently purchased a 1950 three bedroom, one bathroom 972 sq ft single family home. We paid $67,500 plus $1,600 in closing costs for the place. Experience from our first rental, rent will range from $1,100 to $1,...
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My original intent was to purchase a property with private money. Do the rehab. lease it. Then do a cash out refinance. I've contacted no less than 30 banks, credit unions and financial institutions trying to locate a...
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A contractor hired to replace siding in a relative's rental didn't show up. My relative requested her deposit back and they refused. They made the mistake of handing over the 1st half of the insurance check which t...
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Hi Everyone,I am hoping to get some insight from the PROs about wholesaling. I am a newbie wholesaler, however, I am also looking to do a few buy and holds this year. The reason I need to find my niche in wholesaling ...
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https://www.latimes.com/califo...Here are some interesting activities that will be banned, along with my comments:Deceiving residents about whether they are required to move out (what is "deceit"? If I tell a tenant t...
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I am looking to purchase a distressed property here in NC. Purchase the property and rehab it for 25k. Property values in the area are in the 65k to 79k range. After repair I intend to sell the property with a wrap ar...
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Hi Everyone,
New to the community and glad a resource like this exists. My wife and I recently purchased our first property in Oakland, CA by the MacArthur BART train station if anyone is familiar. It's a duplex so w...
I was driving home from a party yesterday afternoon and saw a truck with a big American flag driving on the freeway. I asked my wife what's the occasion? She said September 11. She reminded me that I've been off my W2...
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I have a BRRR under contract to buy. Somewhat distressed Landlord. Here's the timeline, and I'd love to hear feedback on whether or not I should change some of the things about how I do business. Quick skim will give ...
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I bought a 3 family apartment about 5 months ago. When I purchased it the house the 2 townhouse units (2west and 2east) were vacant and I had a tenant on the first floor apt which is a 3 bd unit with a little over...