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My husband and I recently inherited a large sum of money and would like to begin our RE investing journey. I plan to pursue on a full-time basis. Currently in the midst of learning as much as humanly possible. We have...
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I notice that it's a mixed bag when it comes to management on here. Half prefer to manage all their properties themselves and the other half won't touch a property without a manager/management company. Why is this suc...
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I'm in Syracuse, NY and have a portfolio of properties I'd like to buy. Market value for all 3 properties (1 single, 1 duplex, and a 5-unit) is about $400k; net cash flow is about $60k a year, and seller is asking $82...
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Looking for advice from some experienced landlords!
In short, we have a tenant whose lease started July 1,2019. Since she moved in her requests and complaints have been incessant. From the initial walkthrough, leas...
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Hello. This is probably not as much of a success story as I often see here but... To me, this is big. We bough the property at the end of 2015. All cash. $54k with closing costs. Owner occupied. We renovated it big ti...
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I am looking for some quick opinions on the deal below. Can I really go wrong with this?? I have submitted the contract and just waiting on the seller to sign but we have already agreed verbally. I have been looking t...
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Hey guys,
I am looking at buying my first investment property. Here are the numbers:
Asking 160k, but I plan to offer much less
Units are 2/1’s, rent for $595 each
Built 1984
Tenants pay utilities
Income: $595 x 4...
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BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
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BP,
I don't believe this difficult, I believe this is very much doable. However, what makes achieving this goal so difficult for most investors? Seeing that "financial freedom" is the HUGE topic now a days. Why is it...
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My wife and I are planning to get a second vehicle. We've been able to get by with one to save more money. We're planning to buy our first rental property asap and plan to manage it ourselves, at least to start. I've...