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Investment Info:
Single-family residence fix & flip investment in Ojai.
Purchase price: $3,200
Cash invested: $20,000
Sale price: $80,000
We purchased a 1984 Blue Bird school bus and turned i...
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Just purchased my first rental property and wanted to share the financials. Feeling pretty positive about the purchase. The maintenance estimate might be low but I have lots of wiggle room.
Purchase price: ...
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LEAD ANALYSIS: WHOLESALING A PRE-FORCLOSURE PROPERTYHope everyone’s having a great holiday weekend. I would like to get some opinions from experienced wholesalers and other investors on this wholesale lead I came acro...
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Scenario:
A lender had limited communication with the borrower throughout the loan term, resulting in misunderstandings and lack of alignment on project goals and expectations.
Mistake:
Miscommunication led to issu...
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Is it worth my while to invest in a rental property if my AGI is above 150K, and of course, I cannot materially participate in the upkeep of the property because of distance and time constraint? Is there something I c...
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In a separate thread there was a discussion of using whole life insurance to shield income from taxation for business owners with a payroll. My understanding is that this technique is used so that the owner with payr...
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I have a clause in my lease where if a tenant doesn't vacate by end of month they accrue a 3 month holdover penalty.She was give 60 day notice that ended March 31, and she left April 1, 8pm (and left the place a mess)...
If a bank owns numerous houses and empty lots in a subdivision because the builders went bankrupt and some have been under their ownership for over 3-4 years are they required to pay the HOA for dues on these properti...
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I was wondering if I wanted to purchase a Foreclosed Home.. What is the best loan to pursue for Purchasing and Rehabbing? Also how much should you over estimate on every project for unforseen issues that may accrue?
My wife and I rented a house from a large property management company and opened the door to find rats and you name the insects inside. We are new to the Atlanta area need advice on the financial issues we’re facing d...