I have bid & won more HUD homes for my investors than I can count, and I use a strategy that I have been hoarding all to myself for several years. A few of you may already have an inside track and are familiar wit...
Our buyer’s agent offered to list our duplex for rental with the commission paid by tenants. However, it has been 3 weeks after closing but there has been no deal despite activities of showing and open houses. We are ...
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Hey BP, Now that I've got your attention, I sadly do not have millions of dollars. However I do have 100k in private money that I can use at my discretion. I am very green and have learned allot from BP, the pod casts...
I was told all these wonderful things about how I would get my money back for the work I put into the home. Ahhahhaha, no, that's not the way it works. You got repairs and you got improvements and only the REPAIRS c...
I’m getting ready to buy my first rental property within the next 2-3 months . I have 13k saved up and I intend to use an FHA loan.The multi family properties in my area are about 300,000+ for a 2/1 duplex . I found ...
Hey guys - just getting into rental business. When you are buying a condo for rental purposes what are you looking for? I know 2% is a good rule (as in if it costs $200k it must generate $4k). In the market where I am...
I haven't posted a thread in awhile. I think one of the last ones said I was retiring for real....Wifey and I decided to consolidate and move to The Villages in FL. We had 3 houses to sell, 4 cars, a golf cart and ...
Many Landlords have no idea how to get rid of a tenant, whether it's for non-payment of rent or for lease violations. This is even more obvious as the eviction moratorium stretches to almost a year now.Share your best...
The treasury dept and IRS just released the final set of regulations for the popular 100% bonus depreciation schedule. And great news for the Real Estate pros trying to avoid taxes... the “placed in service” date was ...