We had a seller call us wanting to sell an A class home with tenants who wouldn't leave. He was elderly and claimed he just didn't know how to evict them. We dug into it a little bit more and it turns out that the "te...
Hello everyone, I am brand new to RE investing. Still trying to get my foot in the door. As I am reading and expanding my knowledge, I am running the numbers on a few deals per day. I came across this little deal here...
Im looking at paying around 1400 a year for insurance on a sfh that we paid around $80,000 and is 1900 sqft. We will put in around 20,000 to rehab and expect the house to be in the $120-130,000 price range. Does this...
How lives off rental income? How many doors, and how long did it take you? What are your challenges?
I am finishing up my first BRRRR in an upper middle class home in a great school district. I have money in the budget to pave or blacktop a driveway for about $6,000. I already have equity in the property I will be ...
Not a true investment question but hoping to get advice.Basically involved in putting a bid on a home for my family. Great neighborhood and the homes are amazing. I live about 3 blocks away in a small home but looking...
Which is the most profitable strategy for you in the rental property business:
A: Investing in affordable housing (more units)
B: Investing in more expensive properties (fewer units)
We are buying a property in a C neighborhood in Garland, TX where most of the houses do not have central heating and air. However, of the 3 houses for rent in the area, 2 of them had central ac. Our property has only ...
I’ve been investing for a couple years now.Quick recap:Huntsville, AL, Cleveland, OH, Detroit, MI, IndyBought B- and C class homes. Couple disappointments, most did reasonably well. Couple Huntsville turned out to b...
The banks around here appear to have gone nuts, the way they are pricing their foreclosures. I suspect that they are inadvertently generating more foreclosures as people who CAN pay their mortgage look at the asking...