Grant Hasting
Raising Rent on Inherited Tennant
My wife and I purchased a duplex a few months ago to house hack and inherited a tenant that has lived here for 10 years. He is very low maintenance, pays on time. and I don't believe he has intentions of going anywher...
Dan Milinazzo
Desktop Apprasial, Private use/non-bank
I am going to just give this a shot and hope I trigger a few Keyword Notifications and field some responses. As we have been looking pretty heavy into a decent amount of properties in the last few weeks a couple thin...
Victor S.
Wall/ceiling cracks?
Hi, all.Just looked at a HUD property today and noticed the attached cracks in the ceiling/walls. Without going too deep, does this look like a structural issue to you? Roof appears to be new(er). House built in mi...
Juliana Limones
Building vs. Buying Mobile Home Park
I am purchasing a 2.6 acre land in Texas to get a few mobile homes in and start my mobile home rental business. I would like to have newer MH and options between single or double wide. Would like to make it more like ...
Jeff S.
New deck bid $6900
Bought a house in September 2014 and rented it with clean-up and paint etc. There is a large deck in the back.In the house $162,500 and it rents for $1325; a dollar a sf.At first glance the back yard deck looks like i...
Stephen Moore
relationship with buyers
so i've got a considerable amount of buyers on my buyers list over 243 to be exact,i was wondering is it best to have a relationship with them like a friendship type of thing,or what?when i get a deal is it also good ...
Don McIlmurray
First deal - does this look good
I am ready to pull the trigger on my first deal - nice 3br-1b Cape. Rehab is about 14 days labor estimates my contractor and I'm allowing a month to knock it out pending the usual unforeseen circumstances. Here are my...
Pat Jackson
What's the "freshest" a note can be to be sold?
I'm becoming very interested in owner financing houses. I've been reading a lot about wraparound mortgages. Now I'm wondering if the wraparound mortgage can be avoided all together. Here's my thought:Do the first t...
Drew Lied
The Numbers Work Out... (according to the listing) - Now what?!
Hey Guys,
I've found a few properties which meet my cash flow requirements (over $100 unit) with 8% vacancy/repairs/capex and 10% property management costs with over 12% cash on cash return. Starting out, I'm still s...
Jonathan Bombaci
FHA Condo Arbitrage
So there is word going around that the FHA is changing their UW guidelines for condos starting in October. Currently in order to get an FHA loan on a condo the whole association needs to be approved by FHA. The condo'...