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Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
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Looking at a small apt building of 24 units as a buy and hold listed at $695,000. It was renovated last year so not much room for value-add. Rents are on the higher side as well. Roof and HVAC reserves have been accom...
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This is a little complicated to explain, but I'll try my best! My mom has gotten behind on her property taxes and her house (fully paid off) was set to go to auction on Tuesday, March 6.We (fiance and I) have just ove...
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Can someone provide a brief outline of a typical structure for deals where one experienced managing partner puts together a deal and takes on a number of investor partners?I ask because I came across a firm offering d...
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Hi again everyone!I'm putting together an offer in a slow market. I'd like to offer 20% less than asking, but I don't want to be so low that I won't be taken seriously. I'd take it for more than that, but I know tha...
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I got bored at work today and started taking a look at my options on my FHA loan.
Short background
I have an FHA loan on a duplex that I own. I paid $165k for it in 2011. My FHA MIP is just a hair unde...
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Hi,I’m new to this whole process. I’m looking for some advice and help. Here’s where I’m at:1) I’ve found a wholesaler that has properties in Indiana that they’re selling.2) I did the math and the returns makes sense....
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Here is an article I wrote: Texas Closing Checklist for Every New Homeowner
Angela Walter, Texas Attorney - If free to message me if you have any legal questions!Whether you are purchasing your first home or the next...
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Hi FolksWould appreciate your help and advice. We are looking into engaging with a seller that is know to the family. We would like to suggest a seller financing situation to them. The property is one side of a duplex...
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Hi everyone!Im inheriting what appears to be aloyal tenants for the duplex that I’m purchasing in two weeks. I plan on living in the duplex as well. According to the listing agent, Tenants had been living in the upsta...