Hi All, My goal is to purchase a multi family rental in 2018 and house hack it. I'm curious to know how much you all budgeted for reserves when you purchased your first deal? Would you take your 401k into consideratio...
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This is going to piss off a lot of agents.I was reading here on BP about a buyers agent refusing to submit an offer unless it is at or above the asking price and I kind of got pissed off.In today's markets the buyer u...
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I just purchased “the simple man’s guide to real estate.†Has anyone tried it? I looked at several others before purchase. It cost about$110.00. I got a manual, a contract maker, and I paid $10 to get a coach...
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I know what the definition of a cap rate is but for some reason it's not sinking in. Can someone please elaborate just a tad for me?
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
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So I have found a very ugly side to being a landlord in MN I believe. It appears that per the law if a tenant gives a complaint they have just bought themselves 6 months of eviction or non-renewal of lease free time....
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Point and case:We just bought our 3rd house in the last 4 weeks.We paid $2000 each to 2 sisters that we reached out to for the house we bought yesterday. Yes $4,000 total purchase price.They thanked us when we conclud...
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My wife is super pessimistic with things and worst case is the first thing to her mind about most things. I wan't to do a BRRRR but she has a hard time wrapping her head around the idea. Not sure how to get her on bo...
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So I have read in many places and discussed with many attorneys about the 30 - 90 day anti - flip requirement for short sale acceptance.
However, has anyone ever bothered to question the banks legality for requiring ...
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FACT: Borrower asks lender a “favor” to increase their payoff as a way to get hundreds of thousands extra back but NOT given back at closing on HUD, rather under the table directly from lender to borrowers after lende...