Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...

Hi Everyone,I am looking to develop passive real estate investment opportunities, but I am not sure if I completely understand what investors look for when investing in certain passive real estate investments, or real...

I bought house in Sept 2014 and it was rented with month to month lease with section 8. During November, Section 8 did yearly inspection and find out that HVAC is not working properly. We hire the HVAC guy and ask him...

I am looking for some tips, advice, insight whatever, on a problem that my company is facing. We use the houseflippingspreadsheet to keep track of individual projects, which is great, but does not give any sort of com...

Hi BP!Happy new year!  I own three investment properties in Indianapolis that are professionally managed.  I was on the phone with my property manager the other day and he said something that caught my attention.  He ...

Hi,We own a few single-family properties in the Phoenix area and they are all managed by the same property manager for many years now.Since these houses aged a little bit and have normal wear and tear it's time to mak...

This lender I'm trying to work with that my loan officer found wants to charge a $2500 lender fee upfrontIs this common in commercial lending?  It's for a multifamily.  I've never had to pay fees up front.  Also their...

I have several rentals but have never tried a flip.  I'd love to hear from anyone that has FINANCED the purchase and then had a contractor to the the work - then sell it and split the profits.  I just want to make sur...

I've noticed many investors caution (or pretty much flat out say avoid PMIs on loans) but why?  I am analyzing the scenario with a deal of mine.  Below are the numbers:Property Price: $47.5KProjected Rent: $675At 20% ...

Which is the best way to purchase multi-fam?