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After screening prospective tenants and making a selection, am I obligated to let the applicants who did NOT get approved know why they didn't make it? Not sure if it's best to "say nothing"....be vague....or tell th...
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I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...
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I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...
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I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...
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Even though my unit is considered a condo, it is a 2-story townhome with a basement. I was single 8 years ago when I purchased this home with excellent credit and had more than 50% to put as a down payment (my mor...
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Does real estate investing ever seem like a giant pyramid scheme to anyone else? The way loans, lending, payments, and everything works almost seems like a pyramid scheme. Throw in syndications and private money and y...
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Hey guys I am looking for some advice here. I am looking to get more involved in REI and want to be able to work in the field in between work. I have been thinking about it for some time and think I am going to just d...
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I have been crunching numbers on a lot of properties and so-called-deals and not sure if I am missing something, or just not seeing it.Purchase Price - 100,000Loan Amount - 80,000 (@5%, 30-yr fixed conventional)Rents ...
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Hello everyone! As an active duty service member, I am looking to get in to real estate investing. I would love to gather any advice or words of wisdom from anyone who has started investing in real estate while still ...
And We’re Off! (Part 2 of The Breaking the Appraiser Series)
There is a Strategy
In the inaugural edition of the Breaking the Appraiser
series, a call went out to all real estate owners and syndicators. It was mad...