David Georgeson
Buying a property in an Estate please provide me with your thoughts and concerns.
I am looking at purchasing a house that my realtor says is part of an estate. I generally know what that means but I don't know if there are any potential cons with this situation. The property is off a "main road" ...
Account Closed
Rent to Tenants? Or Sell Rent-to-own?
Looking at the spreads on property's in my portfolio and boy o boy--- maintenance, maintenance, maintenance. I came across a company out of Texas that encourages you to simple purchase a property and then sell owner f...
Justin Knighten
Shared well question
My home is served by a shared well, it's on my property and two other homes have rights to it. I'd like to build a detached garage with an apartment above it. Ideally, I'd run a water line from my basement out to th...
Gavin McDonald
Potential First Time Buyer
Hi, I'm coming from NC and interested in buying my first property, but it was mentioned to me that starting a property management company LLC and then buy the property under that umbrella may be the way to go because ...
Gabriel Reff
Trevor Dominique
Calculating Net Income
Hello BP,I am just curious how you guys factor in capital upgrades into your calculations of net income. In my calculation for net income, I accrue for tax/interest/insurance to spread these costs over the year so tha...
Kyle Tolbert
What's a good CAP Rate (NOI) for SFR in San Jose, CA?
Hello,I am new the this site and found it's very helpful advises from some of the experience and professional real estate investors.Base on my research, the cap rate for San Jose rental is between 3.5-4% (NOI) for the...
Scott Robinson
Is it ok to pay 90% if the numbers still work?
I know, the quick answer is probably "NO" but, what if the numbers still work? Here is a SFR I am looking at:PP: $112kARV: $125kRepairs: $5kConventional loan purchase with 20% down, wrap into owner finance at $130k, ...
Marcus Maloney
1st Seller Finance Transaction
Hopefully I can receive a quick reply......Thanks in advance for your inputI am doing a seller finance on one of my rentals, here's the situation: Purchase Price: $54,000Down Payment: $15,000Term: 7 yearsInterest Rate...
Jim Cummings
Landlord Collecting Late Rent
Does a landlord waive other rights by willingly accepting late rent payments?Posted on January 10, 2018 by Texas Association of REALTORS®The Texas Supreme Court recently decided a landlord still maintains the right to...