In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
I was asked what I would do if I only had $20K to start investing in real estate. Well I know what I'd do... I'd invest it into 4-5 airbnb properties using the Airbnb Arbitrage model with other people's properties and...
Hello everyone!I am looking to get started lending out of my IRA. I looked into note buying, and while I really liked the idea, it seemed like having good access to notes was key and I don't have that.Right now I'm at...
I am fully underwritten for an FHA loan to buy a 2-4 unit property in the bay area up to $550,000 ( possible higher depending on the income of the other units).I am considering a place in West Oakland, currently a sli...
Last security deposit question - promise . When my tenants moved in 6 years ago , they brought their own fridge and put mine in back shed ( without asking— They just told me ).When they left today , it’s still in back...
The city of Detroit has declared that tenants need no longer pay rent unless the landlord complies with the city's new stringent inspection & registration regulations. They have identified their enemy and declared...
Hello BP!!! Well after many, many months of reading and educating myself from the wealth of knowledge here my wife and I have purchased our first investment property! Ruby Door Properties, a brief history: I like many...