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I would think most of you guys get mtg for you rental properties, so my question is...how long to you take your mtg out for. Do you drag it out for 25 years to increase your monthly cash flow with little pmt on the b...
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Hi guys,
Over the past year I've successfully flipped 2 REO properties I picked up off MLS. I'm an agent and got them both relatively easily. I placed an aggresive offer on the first, and on the second I had the REO ...
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Hello, I am going to complete a 1031 exchange for the first time.I recall that I read in a book that most people do not understand the boot rule correctly, and many 1031 QI's implement it incorrectly. Specifically, th...
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This might be an interesting topic born from another thread.
When is buying or operating in real estate a speculative venture and when are you investing? How do you define speculating and investing, what's the differ...
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just curious to hnow on your 1st flip how much cash of your owns did u need ,how often did you go to the property ,also were u working a job or what?
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Alright. Grab yourself a fresh cup of coffee for this one. In this post, I tried to give the necessary info while trying to make everything as simple as possible, but this is longer than your average post. Read til th...
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I've been sitting on a rental that I listed over 3 weeks ago. I am getting a few bites but not overwhelming inquiries. I held a couple open houses and had some positive interest from a few folks. Normally, this wou...
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To The Ville!
*If you follow my posts you know this is rather quickly to do another post for Fayetteville NC, however, my original Fayetteville post was not done in the current format that I now use, therefore lacks ...
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I am looking at a mobile home park with the following:42 lots in all- 34 lot rent only, 8 park owned (only vacancy is 1 park owned home getting ready for a new tenant)-Double wide lot fee is 225/month-Singlewide lot f...
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Hey everyone!
I have a 12 unit value add deal under contract. This is my first step up to real multi family. I currently have duplexes and single family rentals.
About the deal:
725K purchase price
108K gross rent
...