Hello everyone I am in the process of making my first deal. It is an out of state deal, it is a duplex that is selling for 79,000. I have around $17,000 for investment and $6,000 personal emergency cash in case anythi...
I’m new to real estate investing. Aside from buying my primary residence I have no experience. I came across a deal on LoopNet. It’s for a 4 plex. It’s a value add opportunity. The price is $250k. It needs a good bit ...
Hi there,I surely would like to hear which one of the these tenant screening services you have used and why you like them....screeningreports.commyrental.commysmartmove.comThank you for your input.John
Hey guys and gals,I just purchased 2 single family houses and a duplex to go along with another duplex I currently own. I'm just curious how much cash I should try to keep in reserves at all times in order to deal wi...
Hello,I'm putting together a deal for which I need advise from the great minds here.Deal details:Purchase: $232,500Estimated rehab: $15,000 (flooring, paint, and bathroom door)ARV: $310,000Since the rehab work is very...
Can any one tell me the term used when an investor buys a home at auction and then cleans it up with no major rehab and then lists it? Any advantage/disadvantage to buying at a discount and then reselling it without m...
I'm newbie to all of this. I have a rental property in Austin, TX that has almost doubled in value since purchasing in 2008. I Have had amazing renters for the last 4 years that have said they are moving out. My wife ...
To give you the easiest version to understand. Hard money is a type of short-term loan that is used by real estate investors to finance investment properties. Unlike traditional bank loans, which are based on the borr...
Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
Hi! I’m looking for some thoughts and advice on a deal I am currently looking at. It would be my first bank loan deal with a real estate agent. I’ve used the BP analysis calculator and ran the numbers. Original asking...