We are looking to purchase our first rental property, but are feeling overwhelmed about the amount of information and "analyses" people use to make their decisions. We have a few personal friends who own rentals and n...
In looking at the Minneapolis market, many multifamily homes are built around the 1900s. This is going on 122 years old, which means many harsh winters, degradation, foundation issues, etc. Many have boiler heat and A...
It's been way too long since I last posted on here. I've been really slammed with my day job, kids, life, etc, but have also managed to keep myself busy picking up a few more units, and am about to close on units 8, 9...
Hello Everyone,Piggybacking on another post about CPA recs, I wanted to share my experience with my current CPA and get feedback My CPA does not disclose up front what costs would be associated with meetings, advice a...
For Renee and I, it's all about the numbers. We truly believe that the goal of investing is to get the most return on our investment dollar. A 100k duplex that rents for $700/unit is simply not as profitable as a 3...
To those who invest in park based MHs: Do you go through the same screening as a resident tenant would? Another words do you submit your personal ininformation( ie. Social security number, credit info) to park manager...
Looking for any opinions on this one since its my first squatter. I bought a 1st position NPL on a home in Tulsa OK from Granite early last year and found that the borrower already vacated. I hired a property preserva...
I will be putting a bid on an REO 6 plex in about a week, and I'm trying to figure out how much to offer with a lot of missing info.
Rehab
The units appear to be in excellent condition for an REO. One unit needs all ...
I am getting ready to sell a piece of property and carry the note. I won't hold anyone to this, but am curious what you think the note is worth. Here are the facts:
Sales Price: $580,000
Down Payment: $145,000 (2...