Hello, I am wondering if any has/does own property in Pennsylvania? I am thinking of buying a rental there but Im not familiar with the market. Looking for some insight.
In my neighborhood a multifamily property is going to be going for sale. But before it hits the market I'd like to contact the seller and propose seller financing. I've never done this but have heard of it before. I'm...
All,Here are the details:My friend has an empty house. She moved out two years ago, leaving her significant other in the property. The roof leaked and was not addressed over that time, leaving a mess of some of the in...
I currently live in a college town that was hit pretty hard by speculation and foreclosures. The property I am looking at sold for $125-140k back in '07. The complex is around six years old and in good condition. ...
Hi everyone! New investor looking to find my first deal in Northern Virginia. I may have just found my first deal but have some questions about it.
3 bed 2.5 bath in Northern Virginia where comps are around $260k. T...
All – Getting ready to (hopefully) purchase my first rental property. Found it on a listing site so it would not be through a realtor. Person is asking around 70% of the value, at my initial look there’s some work tha...
I am still very new in REI and not sure how to proceed on this deal. I was approached about a house that was recently inherited and no payments have been made and it is vacant. The bank told them they have 90 days t...
I am trying to determine which areas I would like to buy investment propertys in, but I am not sure about how to do the research. Example, how do I find out where the best schools are, and how do I find out which area...
Please advise on this property:
72 unit apartment building in a cul-de-sac, built in 1978, all 1 and 2 bedroom units. 1 Bedrooms go for $375 and 2 bd for $425.
Now they're asking $1,000,050 in a short sale.
Their cu...
When I am evaulating a potental investment, I put it through a series of "stress tests" (to borrow a banking term) to see if it will perform.
What worst-case sceanrios do you look at?
I look at:
-Long Term Vacancy...