For various reasons, we are starting a property management (PM) business. I have approximately 40 units, and a friend has about 60. From reading other threads, I understand 200 is the magic number to have under manage...
Hello fellow investors,I'm contemplating a cash out refinance where the interest rate will be higher than my current rate. My current rate is 5.5% and the interest rate that I'm g. letting may be closer to 7.25% I'm t...
Does anyone know approximately how much it costs to remove asbestos found in tiles underneath carpet? I'm analyzing a property that's approximately 1,200 sq. ft with wall-to-wall carpet in all three bedrooms. Just loo...
Need help in clarifying when you would assume the loan of the seller and what that entails.Scenario:8.5M home with NOI 516k but has A debt of 1.7M left at 4.3% interest and 8 years remaining. B debt of 1.6M at 3.43% i...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $150,000
Cash invested: $150,000
Sale price: $187,500
Flipped approximately 550 homes over this time period wit...
Hello,Hoping some people here have some ideas on what I can do to get a deal done. Here is the scenario. What I am trying to do is get this done without taking cash out of my own pocket or going through a traditional ...
I recently cold called a list of approximately 500 pre-foreclosure properties and had a much lower answer rate than I normally have. It makes sense to me that if they are getting foreclosed on, they probably have peop...
Got to give a shout out to a tax lien investor who had some random gmail address and went by the name Ben.So, one of the unique things about note investing is when you buy a pool of assets is sometimes a seller is clo...
Hey all!! Hope everyone's having a great day!I'm a rookie investor who recently (like one year ago) bought my first property and then my second. I moved into the first property and put up the second property for rent...
What would you do in this scenario?Investment Property with equity of approximately $75k.Student Loans of approximately $50k (Overall Effective Interest Rate 5.25%)Would you sell the property to pay off the loans, o...