I am interested in a property that is going through pre-foreclosure for the past year... Here are the FACTS:
1. Property was purchased in 2006 for 450k.
2. The owner took 3 mortgages: 1st - 350k, 2nd 100k, and 3rd...
Could anyone help estimate a ball-park number to turn part of an unfinished basement into a 700 square foot apartment (either a large 1-BR or small 2-BR, one bathroom)? Just for construction, excluding architect, leg...
Hello all,
Thanks in advance for any replies.
I have one full-time person who helps me in managing my business. I also have a part-time maintenance person. I have been thinking of hiring the part-time person full-ti...
So I'm a young investor in Portland, OR and I'm not yet associated with a real estate agent. From what I've heard from different bigger pocket investors is that you can just go to an agent and they'll just do things f...
Hi Everyone,I am looking to hire a property management company to handle my rental here in Houston Texas. I had a few concerns about the contract they sent me to sign. I am concerned that these terms may be detrimenta...
My wife and I have a condo in Bala Cynwyd near Philadelphia. But we recently moved to New Jersey and bought a single family home. Now we have rented out the condo and have a good tenant - which covers our mortgage for...
I've been looking for a multi-family unit to add to my portfolio and my property manager called me with a deal that fell through and the current owner wants to unload it. Details:5 units - Large home that was convert...
Hello everyone. I am a Real estate investor and I have been flipping houses for a few years now. Lately my business has been growing and I have other investors that work with me in order to help them make money. Howev...
I am looking for some advice or feedback on how to go about setting up our rentals to be managed from a distance. I recently got a job offer that was too tough to turn down, so we are looking at moving in the next yea...
When you are buying up properties for the purpose of buying and holding, at what point do you ever focus on paying your houses off as opposed to paying 10-30year amortization? Are there any general rules of thumb on t...