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After months of deliberation, I think that I am ready to make my first move as a real estate investor. As a result, I am interested in purchasing a 3/2, 2/2 or 2/1 condo in either Laurel, Greenbelt or Hyattsville. My ...
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Hey everyone!We had to buy a new fridge for our rental property, which cost about $1000. I'm wondering if we should get the Lowe's 3-year protection plan with it. It costs $150 and they deal with maintenance issue. Do...
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I made the mistake of buying a house with a friend (50-50 deal) without doing an LLC or any type of contract. He was a really close friend. Let's say somebody who both my parents consider to be their adopted son. He l...
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My two cousins own a successful cabinetry/remodeling business. They are trust worthy and do an incredible jobThey want to get into business with me flipping homes. I'm ready to pull the trigger, and have money for dow...
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Would it be illegal discrimination to offer a military discount or student discount?
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Hello,A seller provided owner-financing for a portion of a recent purchase of 3 duplexes about 6 weeks ago. The seller recently mentioned that they were looking into selling the note rather than waiting for the balloo...
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Hey guys,
I'm a NPN investor that buys all over the US. I'm interested in hearing what others are paying for their NPN's. I know some lenders/institutions price it based on UPB (Unpaid Balance) or CMV (Current Marke...
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How do people price their medium term rentals? Obviously higher than a long term rental since I will be furnishing the house and paying all utilities. Is there a general rule of thumb such as 2x long term rent? Thank ...
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As winter is approaching here in northern Wisconsin I have 3 units vacant. Is it permitted to offer incentives, like a free TV for first qualifying tenant, cash back on first month's rent etc. Any advice on how to at...