I plan on leaving the active duty Air Force in 4 and a half years when my enlistment is up. My goal by then is to have 20 units that average at least $300 in monthly cashflow so I can be a full-time investor. My credi...
Hi everyone! I'm still a newbie that's learning to crawl in this REI world. In looking to find my 'first deal', I had a conversation with a friend about his condo property.He purchased this condo in 2007 as a 2nd inve...
How does it work when you buy an investment property where the previous owner had an option to sell contract with the current tenant? Will the consideration payment be paid forward to me and then I am short an option ...
Pros and cons of renting to people you know? We have some interest from a few acquaintance/friends about our rental. We’re building a business and this is our first owner occupied duplex. What are some tips to keep th...
I have been educating myself for the past month (watching webinars, listening to the podcasts, reading articles, attempting to analyze "deals," and research viable markets-I think I've got that part down) and although...
Hi BP, I own single family and small multi units in Grand Rapids MI. I am looking for info on the Cap Rate in Grand Rapids Michigan. I would like to buy a mixed use and larger multi unit properties in this area. Than...
I'm in the market to acquire a 10-unit apartment building with a purchase price of $950,000. I find myself in need of a loan or lender who can provide a 25/30-year amortization with a fixed rate for the entire term or...
Hi All,
Long time lurker here; I just want to make sure I'm playing this right. I have a unit in my 4 Flat where we just leased to the tenant in August. She was separating from her husband and flew through the scre...
Hey Everyone. I'm new to the forum and need a little bit of help. My wife and I are have been trying to get a mortgage on the home we live in. It's been a long, complicated process, so I'll try to sum it up as best I ...
Hi everyone,I am having the unfortunate experience of dealing with an extremely messy tenant right now. Due to the conditions of the apartment, I am having difficulty getting it rented for June, a week away!The clutte...