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Hey everyone, I thought this was a fun story and so I decided to document it here for you guys. Contracts are inked today on a duplex and we'll close in 15 days. I'm purchasing, will fix it up, get it rented, then s...
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I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
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Hi everyone,
Does anyone have any suggestions for experienced lenders in Cleveland, that work with foreign investors?Also, wondering if it makes sense to look for companies offering loans under 75K of property equi...
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Guys, I recently signed a contract on a 4plex and I am now having second thoughts. I got in touch with a landlord in the area, and he is willing to sell me his 4plex in the same street for 20,000 less than the one I a...
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we received an application for one of our rental properties in Odessa, TX, which allows small breed pets for a $30 monthly pet fee. After talking to the applicants we found out that they own a pit bull Which happens t...
I currently can only get approved for a 54k loan at my local credit union because my income is so low being a server. I do have some cash reserves I have saved up but plan on saving them for the Rehab of the house and...
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In which case(s) does multiple BPO's get done in a short sale?
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Hello BP,
I've been working diligently the past few months to pick up some investment properties. It is baffling to me at just how fast the properties are selling!! Properties are selling above asking price, lots ar...
Hi Everyone,I wanted to start a discussion on real estate investing strategies. I think a lot of people start investing without one, or just don't know what might be an investment strategy. I will start with my strate...
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So the multi-fam property is already positive on NOI. Was recently rehabbed. Has long term tenants that want to stay. Price is about or slightly under market. The downfall... not a great area of town and no parkin...