Our landlord stated they wish to end our month to month lease to sell the house we've been renting for almost 10 years. We're working with a lender, but since my income is self-employment from our business, they can't...
Hello Friends,This morning I had coffee with a prominent property manager here in the Cleveland area. As most agents and property managers do behind the curtains, we discussed today's investors and the headaches that...
Hey BP!I recently purchased a property with cash, already having a buyer in place. Due to the title company we used, I couldn't do a double closing, but had to wait two weeks. I also offered owner financing to this bu...
I’m finding 7.5% rates on the properties I’m looking at purchasing. That pretty much wipes out cash flow. When do you choose appreciation over cash flow?Specifically, buying properties in college towns and renting out...
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $67,000
Cash invested: $2,300
Sale price: $90,000
Not really a fix and flip but not really a wholesale d...
Hey, trying to get my head around the new REI tax laws and I've got a bunch of questions. I've looked into hiring a firm to help but they are thousands and thousands and I don't even know what I need until I get some...
I am considering a first deal. A house on a small lake with beach frontage. The house is in good condition with comps' @ 100K. The seller has land contracted the home for two years in the past. The owners have ...
I'm in-between houses, and for a period of 10 days, I'm going to have over 1.3 million in my bank account. A friend of mine suggested that I open a high interest savings account (2%) for 10 days and I'll accrue ~$700 ...
Investment Info:
Condo fix & flip investment.
Purchase price: $229,100
Sale price: $352,000
1 bedroom, 1 bath condo with a bonus living space adjacent to the living room. Acquired at foreclosure ...
What is a good strategy considering an optimal time to write an offer for a property now that the holiday season is upon us? Binding acceptance dates, contingencies, any bonuses or incentives offered, etc... If anyon...