Earlier this summer I made an offer on a property in Surprise Az and have been waiting on lender's approval. My agent emailed me this weekend telling me the house is scheduled for trustee sale on Friday and he has a f...
Economic Update(Monday, November 16, 2020)
Last week, the stock market roared higher on the news that a highly effective Covid-19 vaccine appeared to be just on the horizon. That was great news, but there’s still ...
I'm a Utah native living in West Jordan. I have been noticing the crazy market lately, and also the great mortgage rates.
If I did a cash-out refinance right now, I could get around $200K to $230K from my equity, and...
So, I have a tenant that is finishing up their 3rd year in a rental I manage for my in-laws. Outside of one or two hiccups, they are really good about paying their rent on time. Additionally, they keep the place rea...
I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
Wheeling ILPurchase: $126,100Reno: $44,800SOLD: $231,000PROFIT OVER $45,000!
I have a property that I have an acquisition and rehab loan that I am looking to finance out of and remove the lender. My initial ARV was in the $70k-$80k range which is acceptable to my previous lenders, and a 3rd pa...
Last week we had a tenant move into a new property, now I think we can agree as fellow landlords that it's pretty standard that when someone moves into a new place there is always something that needs fixing. So I was...
Hi everyone,I just found this website today. I'm a 26-year husband and a father to two amazing kids (both under 2yrs). We live about 30 minutes north of Cincinnati. My wife and I both work full-time jobs (M-F, 9-5). T...
First of all, thanks to anyone who can help guide me in the right direction here I really appreciate it. I am the renter in the transaction and looking to get my security deposit back. Heres the situation VERY summed...