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Accidental landlord here looking for some help. Just finished renovating my 2 br 1 bath house in Papillion after my first tenants moved out after 2 1/2 years. I am having trouble establishing market value. Its been ...
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Hi everyone, I'm on the process of buying a six unit apartment in Addison il dupage countySales price is 450k 5 2 units and 1 1 unit Rents in the area are 850 for 2 beds and 750 for one bed. Building noi is around 35...
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Good morning all. I'm a rehabber as well as a licensed agent. However, I'm looking at using a flat fee service for a property I own as opposed to listing with my broker. I have two questions:
1) Does it make sense to...
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Hello,I wanted to ask for everyone's input in this situation: we made an offer on a bank-owned property and it was rejected. The offer wasn't super low and the property has been on the market for a while. Our thought ...
Hi everyone - I'm about to start my first job after college (in the DC area) and have recently started to learn about real estate investing as a side project. I'm curious as to what % of my income I should look to set...
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I'm assigning my contract. The county assessed value is 80,000 dollars. It's a 3 bed 2 bath. It is currently being rented for 700 dollars/month. The tenant has been there for 15 months and doesn't plan to leave. There...
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I've seen much debate over the true value of a HELOC, but my wife and I went ahead and turned our mortgage into a first position HELOC. Not only do we already have $14k at our fingertips, but we were offered the entir...
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Hey everyone I could really use some help with this one. I have offered on a duplex with the figures below and seem to be up against a stiff necked seller. Rents are low and current market does allow for an increase...
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I've been looking at the KC market for awhile and have seen some properties Sierra Real Estate has listed. They purchase, rehab, and manage them it looks like. The ROI looks good on paper. Some of them appear to be in...
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If you do any type of marketing you will run into calls with people who I politely call "dreamers". You know the type.... My best one yetVm: "Hi Ryan. Oh Sweetie I don't want you to waste your time. You would have to ...