I recently purchased a rental investment property in Dearborn Michigan for $70k and rented it for $900/month.If I had gotten a 30 years loan on this property with %20 down, it would give me $250/month cash flow. (afte...
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I'm reading @David Greene's book "Long-Distance Real Estate Investing", and am learning a ton from every page. One strategy that he mentions for avoiding getting ripped off by contractors is to shop for and purchase ...
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My tenant recently moved out of my rental in Birmingham, AL and looking past the fact that I didn't know about the vacancy until after it had happened, I recently received a note from my property management company as...
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How do I make this work? 4-unit apartment complex$1.8 million purchase price$9,000 combined monthly rent (very close to market rate, minimal value-add through rent increases)$40,000 operating expenses (taxes, insuranc...
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Anyone know if when you get conventional financing under an LLC and also being a guarantor if they have ever been able to put a clause or addendum stating that after say 12 or 24 timely payments you are relieved of be...
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Hey everyone - I am thinking about trying the "live in flip" strategy out here in Washington (Greater Seattle Area) and was wondering if anyone here has any advice or stories they'd like to share? Here are few questio...
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Planing to remodel the 2 bathrooms in my house and then renting it out and buying another place I need to replace a tub and vanity in one bath and the shower and tile in the other Looking for advice from people ...
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I am currently trying to learn all I can about getting into the rental property investment business. I want to start with single family and 2-4 unit properties, and then eventually purchase larger multifamily units. M...
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So I’m coming to a close on my first single family flip and let’s just say the experience with the contractor has been less than what I had hoped for. Now he is expecting a payment of somewhere between $3500-4500 ( he...
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Ok, I just had a deal fall through on an apartment building. I just could not put enough money down to get it. I guess it was a good thing because, I may have been jumping into real-estate blindly. So... I was looking...