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Hi! I'm currently in the process of buying my first multi family home for under 650,000 in Cypress Hill Brooklyn. I've noticed the value of homes keep going up every year there for the last few years and already kind...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $39,900
Cash invested: $65,000
Purchased January 2023. Still renovating. 80% complete. Total of $70k invested once ...
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Anyone have recommendations on who to use for a 1031 exchange? I’m located in NJ but unsure if that even matters. What was the process like? This is my first exchange. Any advice is most appreciated.
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Do you think REO properties are a good start for a new investor? Please give me any tips. Any and every tip will be appreciated. Thanks.
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Hello guys!The pest control confirmed rodent activity at our building (San Diego, CA), and recommended 2 options:1. To set up bait boxes to service, and quoted us 35$ every other month, and this would be an ONGOING se...
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So I've noticed a property in my neighborhood that appears to be vacant, and after doing some research I have found that it is indeed vacant, for about 4 or so years now but the owner has unfortunately passed away. Ho...
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What options does the buyer have of a rental property (duplex) that currently has a tenant? I understand and would never expect a family to move immediately due to a new owner of the property, but this property would ...
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Hello,
I have a very important question and would be incredibly thankful if you could offer me some expertise on the matter. I live in California and have a property I have dealt with the 1031 exchange. I sold my f...
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Sellers appraisal: $121,000
County records appraisal: $93,000
Comps in the area: ~$100,000
Seller asking: $68,000
(Per seller): $0 for repairs
Current occupants monthly rent: $850
Mortgage for 30 yrs @ 7.5% - $673.0...
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So my husband are considering buying a Harvey flooded house as our first live in flip. We are seeing great deals on the market and want to buy something that flooded for the first time in Hurricane Harvey. But, I am h...