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I purchased a property in Dade County in 2013. The property was on the same parcel as another condominium building.The purchase contract stated this in the additional terms-“Seller, as a condition subsequent to closin...
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I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
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Why invest in real estate?After all, there are lots of things to invest in -- stocks, bonds, precious metals, collectibles. What makes real estate so attractive to you? Is it because it's tangible -- you can ride by...
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Just offered for a friend on a run down SFR in fremont's nile district.37286 3rd St. FremontList price: $750KHis offer: $869KThis house (1500 sf) needs complete rehab, and is right next to a school.Here is the respons...
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Hi All! My husband and I have recently gotten our LLC approved by Pennsylvania and are on the look out for our first fix and flip. I have a question about hard money. We are looking at multiple hard money lenders to ...
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I just moved out of my primary house, which I am converting to a rental. I hired a LifeStyles Unlimited (real estate investors club) recommended vendor from their magic vendor list. Regardless, it appears that this ...
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Our tenants pay rent with cash. Some send money orders, some deposit cash in our account, but a majority used PayNearMe to pay at family dollar locations. Now the Family Dollar in our area will no longer accept PayN...
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Remember that guy? He was on TV all the time. He talked about buying houses and making a fortune. He never talked about tenants, repairs, evictions, problems, etc. I wonder what happened to him. I know that Tom Vu wen...
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Just came into a duplex to fix a leak due to a moldy exhaust pipe for the AC. I did let the tenant know; and found a table with cocaine spread out.
I'm in Texas. What are my options; or what CAN I do? I try my best...
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Hello I am 20 years old in my 2nd semester of college. I live alone, am single, have no children. I have no dependents, no car notes, nothing except rent, gasoline, food. The bare minimum. I have a part time job that ...