So I have evaluated multiple properties and finally put an offer in👍🏻 Property cash flows $250 and has a 12% cash on cash return. I’m a little nervous though bc it’s in a class D neighborhood. It does qualify for sec...
Not sure I have updated y'all in awhile, so here goes.- Closed on the property at the beginning of August 2018- Completed exterior and mechanical improvements, including new TPO roof, new HVAC systems, several concret...
Hi guys,I'm looking to update a washroom in one of my rental units. I need :1) New flooring (probably a ceramic tile) with sub flooring2) New vanity and sink3) Mirror and some paintI've called a few places and the qu...
Hello everyone!
Wanted to share an update on the progress that my partner and I have made since my first post. We worked all day today on our contracts, both purchase agreement and assignment contract, and...
I just wanted to post this as a FYI to those of you with properties in the Baltimore Maryland area. Starting 01 January 2015, ALL rental properties will be required to be registered with MDE as either "Lead Safe" or L...
Today I met w/ a loan officer & discussed options. As you know, to qualify for VA or FHA one has to live at property. So that option’s not available for me b/c my 88 yr old mum & hearing impaired daughter live...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $165,000
Cash invested: $5,000
Sale price: $195,000
Great double lot in Humble
Economic Update
(Monday, February 15, 2021)
I was never a big believer in “Herd Immunity” until now. The term “herd immunity” represents a hypothetical threshold of our population that needs immunity to the coron...
Economic Update(Monday, February 22, 2021)
The minutes from the Federal Open Market Committee’s Jan. 26-27 meeting, released last week (after their customary three-week delay), show that members of the Committee ...