I found a property while driving for dollars, I’m in Northeastern FL. Property is in terrible disarray. Skip traces the owner he has been dead for 2 years. Contacted his children, they want nothing to do with property...
I am considering renting a 3 br apartment by the room. This is in a 3 unit house where I will be living in one of the units and the 3rd unit is rented with a typical lease.
Renting by the room makes sense for the loc...
I am trying to determine a purchase price for a SFR that has a dead beat relative. The owner is very ill and needs to sell the house. His wife's daughter is living in it and has never paid rent. The owner wants to sel...
My friend's parents are looking to do a 1031 exchange and he had a question I was hoping you can help me with.
They live in a 4 unit house which they purchased 40 years ago and it's currently under contract for 2.1 m...
Hey Everyone, I closed on my first out of state rental today--it's my hometown in Indiana, but I live in Chicago now. My dad is still in this town.Anyway, I put up an online ad yesterday, had my closing at 9:00 a.m. t...
I've been looking into how much of a percentage is initially needed when starting out to get a buy to let property and seeing 20 - 25% got me questioning. How do people raise that amount of money. Of course I realize ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Buffalo.
Purchase price: $121,000
Cash invested: $4,500
My first duplex house hack. I did FHA and put 3.5% down. I close...
Hi All, I'm going through the process of purchasing my first investment property. Right now I'm looking at an off market, FSBO deal. It's a duplex (top/bottom) for $100k, renting for $650/unit, built in 1920, and in ...
I've been investing in NC for several years and occasionally do some wholesale deals. My daughter just recently got her NC RE license. She was contacted by someone, Kevin, who claims to be working with a hedge fu...
Hello BP members,
I was actually content with my life prior to contracting this "REI virus." My wife and I have good stable jobs. Her student loans were take care off. Mine is taken care off as long as I stay with m...