Hello,Before reaching out to an attorney, I would like some feedback, please.About two months ago we purchased a short sale in Illinois. This was a cash transaction. We updated the unit - mostly cosmetic, rented it, a...
Good day!I wasn't sure which category this applied to (1031 exchange, real estate sale, or property manager) but I will start in this category for now. I inherited a 9 unit multi-family in Fla in 2009 with no mortgag...
Hello fellow real estate enthousiasts!Do you have some good advice for me, as a 17 year old. What would you recommend I do to have a successful real estate career. I.E what books did you read? What skills did you lear...
Hi BP,
When analyzing an investment property 3 numbers are extremely important along with others;
1. Debt Coverage Ratio
2. Cap Rate
3. Cash on Cash Return
Most lenders look for ...
Tenants are getting a divorce and will be moving out 7 months early and breaking the lease. I specifically told them before moving in if they break the lease they would not get their security or last months rent ba...
There are lots of discussion about having properties in different class area with different quality of tenantsHow to determine which class does a area belong to or the definitions are more subjective to investor?
So I was browsing on "another" forum and saw this posted. Admittedly, it gave me a glimmer of hope for this country's future.
Valedictorian Speaks Out Against Schooling in Graduation Speech
by Erica Goldson
Here I...
Curious to see how the real estate market is performing in your area? Are you seeing inventories building up and see signs of slowness or are you seeing your market continuing to appreciate?
Hello,My dad owns a sfh rental unit we in the process of renting it. We want to rent unit this time as him and myself showing in the rental agreement to tenant that we are property managers and his not the owner. I ha...
Hello BP,
I am a homeowner/investor here in Denver, CO. My partner and I bought a duplex last year using an FHA loan and are currently renting out the other unit as well as a room in our unit. We would like to pus...