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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $190,000
Cash invested: $150,000
Off market 3/3 on 1.5 acres with detached shop. Gut reno to add a 4th bed and bath...
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My girlfriend had an offer accepted on a 1920s 2/2 in st Petersburg Florida. It's been under contract three times in three months, at least one of those fell three because of a foundation issue. Apparently there are 5...
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I am still a newbie learning along the way but i need to replace a roof on one of my two properties. Can someone guide me on how much i can depreciate and over what period of time? Thanks so much!
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I am considering making an offer on a property that has some settling and foundation issues. All doors and windows operate correctly, and don't appear to be affected. The engineer's report says it will need 10-12 unde...
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Hey BP its been a while..So I've managed to save about 10k to use as a downpayment to invest in a 2,3 or 4 unit multi. But my dilemma is that I have a small negative mark (late payment) on my credit that is preventing...
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Hello all, regarding deal analysis I have a question regarding the process; more specifically, when to perform a detailed analysis (before or after an offer has been made?). I assumed it would be BEFORE, however, I am...
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I found a lot of great information on the podcasts how to find deals but there is no info on how to decide to get out of a rental property.My wife and I started our real estate investing career in not the best way. We...
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Hey guys and gals. I'm in Miami currently shopping for my second rental property whoo hooo, but I'm having trouble finding good deals. So I thought I would ask you all. Where are you guys finding good deals? Whole sel...
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Hi all,I have a deal that I am working on and wanted to get some ideas. The house is listed at $144k and ARV is $160k. In order to get a cash on cash return of at least 10% I need to buy at $120k. House needs new p...
Can you wholesale properties that are in preforeclosure and foreclosure? From my understanding, a sale prevents the foreclosure correct? Please advise.