Seeing it both ways. A bank doesn’t want to hold on to a house. At the same time are they gonna be willing to sell it to you at a price that makes it worth while for you as the investor.
I am fairly new to RE investing and was thinking about pros and cons of setting up a LLC for out of state purchases. Firstly does setting up LLC really make sense or having a liability insurance serves fairly the same...
So, I have an off market deal that is in the works with a local REI. I traded some private coaching for his son in order to be able to purchase any multifamily unit of his that he has procured in a recent buyout from ...
My wife and I are looking at a triplex in Florida, we currently live in Illinois and are trying to change permanent residency. We are trying to get a Pre-approval with just her income, she works remotely and I am an e...
I was supposed to close a week ago on property but we are seeing delays. The seller now wants to back out or change title companies. He is furious with them for lack of communication, lack of internal communication, t...
Hello BP!I found a Multi-Family property that was obviously priced way below market value at 20,000. This is a bank owned property and it is in good condition! All it really needs is some minor updates, paint and floo...
Hello AllI have been having a hard time renting my home in Edmond, Oklahoma. The tenants vacated in Nov 2014 and so far there were no applications yet. House is in a great condition. Looking at the zip code i realized...
I am looking at an opportunity in Minneapolis (north of como) a few blocks from the University of Minnesota. Decent building and a lot of the big capital expenditures (roof, boiler, windows...) have been recently upgr...
Cap rate is a common and important measurement in real estate investing, but it seems I see it misused more often than not.
Cap rate is an income measurement only. It is a measurement of the annual net operating inc...
Hi Everyone,I’m just starting out (haven’t yet bought a property) but I’m preparing myself to purchase within the next year or two. I currently live in Boston and the market here is too expensive and I don’t plan on b...