My husband are looking to buy a multifamily in an B class area for buy and hold. We know that the cash flow won't be as great for a "nicer" area, but we'd like to manage ourselves and start with a tenant pool that is ...
Hello All, happy new year! I hope 2017 is off to a good start for you!We visited with a seller today who called in response to a letter we sent. To make a long story short the seller is elderly, has been in the home f...
Hey all,
I'm new to rei so I need some advice. Looking at a house in PA, owner is free and clear on the home. Been vacant for 4+ years, no utilities on and he started renovations. Tore out some of the walls, the kitc...
Hello All, I am working on a new construction hotel project in Smithfield, NC, and am seeking constructive feedback from professionals in the hospitality sector. Below are some key metrics and the proforma I have comp...
I am wondering how all you RE Investors live. As in, do you rent or do you own while investing in real estate? My husband and I have been living with his parents rent free for 4 1/2 years now while I started a retail ...
I'm considering investing in a rental property in the Durham area. My price range is 220-240K and less than 5 yr old construction. Of all the matches, 3 bed town homes (1600-1700 sq ft) seem to match my criteria the b...
I just came across a thread where people were posting pictures and some background on rentals that they owned that they spent less than 30k on. I liked the thread but I wanted to expand on it and bump the price ran...
I have a client trying to purchase a mobile home park. It has a few empty spaces. The seller has those spaces listed on the pro forma income/expense sheet as what they would bring in if they were occupied. My quest...
Was listed last July at 450K, price reductions for 2 months down to 430K, then delisted just before Christmas. Listed again a week ago now asking for 445K.
The carpet in some rooms has some stains, nothing too bad, b...
Hey All,
So I am about to put an offer on a REO property. It is in good condition from the looks of it. Problem is and I'm not sure how to go about it is that the building has an "open permit" and no certificate of...