Hey everyone! I recently came across something called "note investing". I don't fully understand the concept and was looking to get any advice, tips etc. Where to find these types of deals? How to properly structure t...
Hey everyone, Though I live in Boston, I found a property in SC, near where I grew up. It's a 60k try-plex that will cash flow very nicely. With the rent being $500 per unit, y all in expenses will be around $800 a...
Do mobile home bought individually make good rental properties. In theory they make sense seeing that you can get them fairly cheap in good shape but do they actually cause mostly headaches with the type of tenants th...
Within the next few months, I'll be purchasing single family house to move into and live in for 1 - 2 years to pay down as much equity as possible. After getting a good amount of equity in the house for future HELOC f...
I have been researching the process of purchasing foreclosure properties at auction in Wake County, NC. I understand there is an initial auction "at the courthouse steps" (announced in the local paper) in which the w...
I have a tenant that has been leasing a $2600/mo home for the past 3 years. Excellent, pays on time, takes care of property. His lease in on a month to month term. He recently lost his job and wants to stay in the hom...
http://www.bloomberg.com/news/2012-03-13/private-equity-buying-u-s-foreclosures-for-hot-rentals-net-8-mortgages.html
Key Points:
-Keep the utilities in your name and bill back to the long-term tenants.
-Hire out lawn care and snow removal... or DIY.
-Insurance costs will decrease when transitioning from homeow...
Okay, I think I found a great potential property and I did the research and established the owners. The home looks to be vacant, the grass hasn't been cut for weeks and it looks to be about 2 feet high at this point. ...
In the past 2 years I have seen 2 excellent deals, and 3 good deal pass me by. How did you finance your fist property.