I need a quick sounding board... a 5Plex just came across my desk and it seems to have potential, but there are a couple variables in there I haven't dealt with before that could make or break the deal...Specs:Purchas...
While the 1% and 50% rules are widely used by people of varying levels of experience, they're just guidelines that aren't a hard and fast rule. I know in my market for example that 1% is insufficient, I need closer to...
So I’m 21 and brand new to the whole idea of real estate investing and I’m really just trying to learn all I can and maybe start investing in about a year once I’ve saved up a chunk of change.Anyways, I’d like to work...
So I recently heard an attorney go at it with a tax liability guru on this an figured I get some additional insights from some 'experts' on here. Here is the gist of the issue....An investor decides to 'rent' a proper...
I am renovating a triplex and will soon be done and putting it out there for rent. I'm trying to decide whether to put up a fence, which would separate the yards into small areas, and provide overall fence around the ...
My wife and I have kicked around downsizing from our rather large paid off home to something smaller and then using some of the cash received after we pay off the smaller home for RE investing. I wondered, though, ...
My husband and I are closing on our first rental property on the 28th of July in Salt Lake City. It's a fantastic home with updated AC, furnace, water heater, roof, etc. but it's extremely dated. Think blue carpet and...
Hello I’m looking to buy a condo. There is this one bedroom condo for sale that’s about $100k. I want to buy it because it’s in a prime location and I’m sure will be easy to rent out. I was looking to take a FHA loan ...
I bought my first deal of 2009 back in March. I've bought 9 since then, but here are the details and a few things I learned on the first one.
HUD foreclosure--3-2 singlewide mobile home on nearly 4 acres.
The Good:...
I just bought and closed on a property that was flipped and I had Piedmont come out today to turn on the gas however they told me they couldn’t because the equipment in my house is not up to code (attached list of wha...