Hello, I am looking to buy 2 SFH in Knoxville TN. I have 50K cash to spend in down payments between the 2 houses and plan to buy 3 or 4 more SFH before the end of 2026. I spoke with a loan broker who said I can do 3.5...

Hey BP! Hope 2015 is off to a great start for everyone.I'm looking for some information on Charleston SC submarkets. I'll be investing in my first buy-and-hold within the next six months and am looking to dial in my s...

Hello all,I am located in South Dakota but I am currently in the process of trying to close on a subject-to property in the Chicago suburbs.This will be my first subject-to so I am unfamiliar with the process and am c...

Hey guys,

Got a few questions for the experienced. I'm curious as to how you guys obtain leads for short sales. Do you send out mailers to those that have a default recorded, sale date, etc. Or do you acquire conn...

Kinda new to investing. In the Greater New Orleans area. A couple years ago my wife and I bought a 4plex. We took out a heloc after renovating and living in it for a year. Then found out we were having twins and alrea...

Hi everyone!My name is Kris Toribio. A little background information on me - I'm currently living in Skokie, IL. I'm a full-time graduate student at DePaul University pursuing my doctorate degree as a Certified Regist...

Hey everyone!I am getting ready to rehab a kitchen and bathroom in a 2 bed 1 bath unit. I am doing all of the work myself. The estimated budget for the rehab is as follows:The rent increase will be $200 on the unit, g...

Hi All,I want to increase my monthly/weekly offers made. What are the consequences of your offer being accepted BEFORE visiting the property? Once your offer is accepted do you have to go through with the deal? if you...

We are talking with a homeowner right now. He owns a condex in a very nice town. There is no other distressd property on the market like it (no distressed property has even sold in the last two years in this town) and...

Price $294,000
20% down = $58,000
Annual Mortgage = $16,000. (4.25 for 30 years)
Annual rent = $81,600
Estimated annual expenses = $8,500

NOI = $56,500

Not sure how much to keep for repairs ? Could you help ...