I'm looking for MFH (1-6 units)/duplexes rental property in any state/city (Class B or A). My budget is $300-500K, planning to put down 25% - What are my chances of finding any properties with a Positive Cash flow...
Hello BPers,
I'm planning some repairs on a rental property that I'm closing on next week. Went for another look this week and realized the downstairs unit doesn't have heat in the bedrooms. So I'm considering the...
I went to see a property that the son of the owner wants to sell. The owner is his mother and the children are preparing to place her in a nursing home. Once they admit her, the nursing home will take control of the m...
Saw a pretty good deal on a 6 family property that is pretty much turn key and generating great cash flow. What are the significant differences in investing in a 6 family over a 2-4 family property?
Property details: 4 units 2 bdrms each, each unit is being rented one resident has been there since 2002 others have been there at least 3 years or more. Newer roof, newer Windows, good curb appeal, good furnaces and ...
I’ve been focusing my studying on Wholesaling Pre-Foreclosures lately. I’m ready to take that leap, but I want to make sure I have everything lined up correctly first. Please fill holes where you see fit.
With the au...
I recently had my Texas rental property taxes reassessed to a higher basis and am looking to appeal the assessor's decision. I remember seeing a bunch of mailers from attorneys specializing in tax reassessment for no ...
I know some other investors who have done this before and recently talked to two sellers where such an arrangement may make sense. Essentially, the owner moves out and gives me control of the house. I use my knowledge...
Fix and flip real estate investing can be lucrative, but it's not without risks and challenges. Understanding and avoiding common mistakes can significantly increase your chances of success. Here are some key points t...
In 2007, I met Carol at our local REIA. She was 63 years old, living in a $1500 a month apartment in downtown Minneapolis, and beginning to fade financially. She had spent around $30k on getting a "eduction" in Real E...