The backstory: There is a triplex for sale in town, in a higher rent district, beautiful building, I REALLY like it. The current owners inherited it about a year ago and the rents are well below market. From what I...
I'm a new landlord, I have a tenant who has always had issues with the stove. When they first moved in I put a brain new Frigidaire stove glass top in, a few weeks later they called me to tell me the top is cracked, s...
Hello everyone,I’m relatively new to this site and wanted to get an opinion on my plan to break into the real estate market. Ideally, I want to begin flipping in the Central New Jersey area. My initial plan is to pu...
We had rented out our top unit to a seemingly nice couple, no credit and nothing for background - Sounds OK right? Well, one thing those don't tell you if they're just a pain in the ass for shits and giggles.. I can't...
Looking to buy my first rental property. I recently paid off all of debt and raised my credit score over 800. Unfortunately after paying all my debt, I no longer have cash for a deposit. Is there any way I can purchas...
Several homes I see I have honey oak cabinets that are outdated. Instead of replacing them, what else are doing? Refacing, staining darker, painting? Please share your secrets for making oak look good again.
Thanks
Hello BP, With covid-19 and social distancing affecting construction projects HML's have lowered LTV and increased down payments and some have slowed lending on anything greater than minor rehab projects. I have been...
Hey Guys, Want to ramp things up and start spending about $1.5k/mailing/mo on marketing for seller leads. Would like to take on a money parter to pay for all or some of the costs. What kind of deal have you done or r...
After a harrowing battle with the bank to get a modification on a rental prop, they finally came through...Or did they? Bought the house as a flip that flopped in 08 and paid 260K. Current value is about 150k and...
Hello,I am new to the real estate investment world and have a few questions about obtaining a conventional loan for financing. I am looking at buying a medium multifamily (30-50 units) and am looking to spend under 1...