Hi BP,I’ve finally found what I think is a great first investment property. My only concern is that I’m buying the property from a wholesaler. I’ve purchased a house before so I’m somewhat familiar with buying a home ...
Do I need a real estate license in Missouri to refer rental property?
Looking for advice/options to finance a short-term rental property.Here's the deal:Property: Purchase price $400k, 2yr rental history gross $70k/yr, looking to do improvements $10-15k once purchased. Positive Cash-flo...
I purchased 4 SFH's in Kansas City in an off-market deal last week under my LLC. I bought my first rental property in April of 2016 under my own name. My 4 SFH deal, my homes were purchased for $177,000. They appraise...
Not too familiar with short sales
Property I'm interested in:
APR 2002 - Loan For $65k
Listed with a Realtor June 3rd for $83k. About 40 days ago. Price changed to $78k July 9th.
Property is probably worth $70k. ...
Hi, I am buying a row house tomorrow. I was not aware that the second house to the Left was going to be torn down, I discovered this when I drove by. Is there any recourse to stop the purchase without losing my deposi...
Announcement from my local REIA, what do you guys think? I for one absolutely do criminal background checks and it absolutely has an impact on my decision of who i choose as a tenant. Yesterday, the Office of the Gene...
Newbie here. Looking to get into multi family properties. I need some direction regarding LLC's and loans. Almost everything I read says in many cases an LLC is a good idea to protect your personal assets. However in ...
I was approached with an opportunity to buy a group of about ten single-family homes. The homes have long-term tenants in them and are all occupied. The private investor is looking to exit the space, so I'm trying to ...
I am planning to buy townhouse as investment property which was built before 1978. As I understand I have do a led inspection and pass the inspection before I rent it out. My agent told me that I should paint the hous...