My partner and I usually focus on short sales, but today, I received a call from a Seller who owns their property free and clear. The property is in an area we work with and the current asking price is comparable to ...
This post is long, you've been warned.
Here is the orginal deal:
Purchase - $75,000
Down - $18,750
Mortgage - $56,250 ($285/month @ 4.5%)
Here's where things get a little more difficul...
Which do you prefer a 3 bedroom unit or a 2 bedroom unit and why do you prefer it in your market?
OK, really like to see what people have to say on this one.
1) First tell me your area and how much it is down so far from the peak.
2) What do you see the total % loss from the top until we hit the floor?
3) What t...
I am managing 4 rental properties that me and wife owns. All of them are LTR, I do have a full time job so this is something I do outside of that.
Regular activities include yard work, small repair & maintenances...
I am searching for my first rental and know it's important to save CapEx money each month for big problems that eventually arise. But what do people do with this money? Stock market is likely too risky and bonds ar...
So there's supposed to be a massive snowstorm in Midwest over next couple of days. Up to 18 inches of snow. Do you guys do anything to prepare your rental properties for a snowstorm like this? Anything you guys tell y...
I’m currently running the numbers on a B+ multi family investment. The before tax I RR is 14.74%. The after-tax is slightly over 10%Do you consider this a good return? Or do you consider it too high and too risky? Or ...
Two years ago I purchase my biggest mistake. It's a 1950's ranch home that blew my rehab budget out of the water. Lots of lessons learned here.I'm a buy-and-hold landlord, and I'm still ironing out the kinks with th...