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Hi, So here's what is going on: I am working with a seller who has a home in an equity position but needs to sell the home very soon. The problem is that the seller would rather let it go and lose the equity than allo...
So I found a property that will rent for $500 and I can buy for 30K cash.
My problem is that I then will have 30K + 5K (repairs) tied up for a couple years until I could do a cash-out refi. There is no way to figure...
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I saw a house today that had a pretty significant crack right in the middle of the concrete steps that lead to the front door. In addition, there was a smaller crack in the basement (concrete slab) in the same area a...
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DEAL ANALYSISDuplex - 2 BR/ 2 BA units. Built 1999. Each unit about 600 sq ft. Each unit also has partially finished basement (dry wall is up, needs paint, etc.), offering a huge amount of storage space. Also th...
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Hi, I'm William. I was born and raised in Denver, and I want to get into real estate investing. I have a construction background, and I've spent 2 years listening to bigger pockets, reading every scrap of literature I...
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Hello. I’m closing on my first MFH next week and any help on writing an introductory letter to my new inherited tenants would be appreciated. One has lived there 3 years, one 6 years and one 20. The fourth is new. Ren...
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Hi there from Arkansas! I have posted a couple of threads here regarding our situation, but I'm going to do it again in the hopes of getting some new opinions.We currently own 2 properties. Property A we purchased in ...
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Hey everyone! Finally entered the ranks of Real Estate Investors officially with the close of our first REI deal. It was a Low Money Down/House Hacking deal as well. Here's how it broke down:Purchase Price $197,000App...
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I'm curious to know if anyone else has ever had a tenant they've never met (or their PM has never met, if applicable). I have one; a younger girl who didn't have the credit to rent, but her father did and co-signed an...
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I moved into a triplex this year. Unfortunately since moving in I've discovered the neighbors directly across the hall are some of the worst humans I've ever encountered. My triplex is 3 different owners, and we have ...