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I'm trying to understand the 50% rule when it comes to houses that need work. I think the best thing to do would be to spell out the deal I have now and let people offer their input. I have a single family home under ...
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The lease is for 3yrs, still 2.5 yrs left. Because the couple living there is getting divorced, they want to move out and terminate the lease by the end of Fed. I used a simple template of the lease agreement without ...
Hello BP, I am a college student that is about to start my junior year of college and I am just now moving off to a college town (Auburn, AL woot woot) this year. My first two years of college were spent at the local ...
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I just had an upleasant experience in that the house I had under a lease option contract was sold to tenant buyers I introduced to the seller. They were able to buy the house outright and did not need to use my Rent ...
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"I'll be accepting offers for the next two weeks. The best offer gets it. The property is being sold as-is with all it's faults, including two tenants and fleas. I will only be accepting cash offers.
Here's the GOOD, ...
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Hello Forum,
This is my first post. I’ve a lurker on and off for years, but I feel it’s now time to introduce myself to the Real-Estate Investment community.
A couple years ago during my senior year at the Universit...
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Hi everyone I'll try to be brief and give the pertinent details. I'm being given the option to take over two apartment buildings from my dad. He is thinking about selling the buildings for around 1.6 mil but will give...
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Super excited, officially rented out my first property! It's a single-family home in TX, and the deposit has been paid. Wanted to share some things I learned and that I would implement/do differently next time. Down t...
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For the longest time we've been using a bank credit card that generates no rewards. (We do pay it off every month). Next year, we've set a target to take a family vacation to Hawaii during our cold North Dakota winte...
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Hello,My turnkey/rehabbed SFR properties have yielded CoC of approx. 75-100%+ (after refi). The average cash flow of all of them is just over $200 per month per door. I'd very much like to continue this strategy as I ...