Hello all:
I have a man holding a note he wishes to sell. It has a face value of 25K at 6% for five years. The payments are about $480 per month and they have made six payments. Note holder wants 21K for the note...
I've been looking at multifamily properties on MLS, backpages, loopnet, etc and applying the 50%/2% rule to them. I've also been looking at the cap rate, cash on cash return, IRR and NPV. On the surface, none of thes...
In another thread, Jake K. Said this. I found it a very interesting thing to say and would like to hear some opinions/ideas about this. Just as an interesting discussion. One thing Jake said, (cant get the @ symbol to...
We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
Does it make sense to get money out of a poor performing investment to enter into a better performing investment if the sale results in a loss? I have a duplex with $70k invested into it OH. Way too much money put in ...
Good afternoon fellow BP'ers! I attended a tax lien sale today just to watch how things went. It was very interesting, however, it left me confused on the tax lien process. My understanding is that the homeowner ha...
We currently live in Oregon, we have 2 single family rental properties located in Arkansas, we're looking to purchase our 3rd property in Indiana. Our 2 current rentals are under our own name, but we are planning on s...
If a house is bought via CD or lease purchase under a subject to agrmnt, once a tenant buyer is found, can that CD/lease purchase, be "sublet" to new buyer tenant "WITHOUT" taking on any responsibility if buyer fails ...
So...I just started REI in late 2014 and have 3 "C" properties that cash flow well, but are in "OK" areas of my town. I have a few landlord friends in town who own 13 and 18 properties....they are in their mid-50s. T...