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Found what I thought was going to be a great property for my first flip. Got in it five hours after it hit MLS, walked through with my realtors (both of whom have rehab experience), ran all the numbers, and it looked...
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ok I am a newbie and made a major error. I bought a property at auction with the owner still in it. Property was deeded to husband and wife but wife no longer resides there. Had the sheriff serve them both nail and...
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Hi all,I am trying to hammer out the repairs and replacements a tenant is responsible to pay for as well as my responsibilities as the home owner. I have been reading on BP and the answers are all over the map. Will y...
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Hello all,
Hopefully I didn't miss this when performing a search, but I've read over everything I can find on seller financing and it looks like it will now be more difficult than ever to sell the POH on any ...
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Hi,
I'm sure many of you have faced this issue before. I got an offer accepted on a Triplex that is zoned as a Duplex. The owner says the house has been rented this way for 8 years without a problem. I'm w...
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I am working through an analysis on a SFR and I am researching realtor.com and Craigslist to make an informed decision on what I can expect to get in rent. As I am getting closer to acquiring my first property and pl...
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I've been planning to buy a 4 unit home on an FHA mortgage, and rent out three of those units. Problem is; lately I've been looking at information related to being a landlord and well... it's really complicated. I ...
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Good afternoon.
My name is Larry. I'm brand new to this forum and REI in general. I've been studying the work of Sean Terry for a couple weeks now and I'm ready to make my first move. However... my father...
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My significant other and I have a lease to own rental property. It's an older 4 plex. Long story short, the guy we bought it from had NO leases. We are trying to get the renters to sign a lease, but they aren't wor...
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Hey everyone, I was wondering what the typical CAP rate is for parks. Seems to me that it is usually higher than lower but I wasn't sure. Looking on Loopnet they are all over the board and I know if varies based on ...