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Need help w a good compromise. The situation is that we’re closing on a property in a week (should have been tomorrow but owner asked for extension) and have been asked if we would like to do a rent back to the exist...
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I'm currently treasurer in my HOA. I took the position mostly as a way to stay aware of the community decisions, and get to know the HOA president. I took for granted that it would be a mostly passive position - and n...
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Hi Community! Here's the deal: I've my eye on this house for sale in North Houston. It's a 3/2. Needs about 15k in repairs. Owners acquired it through probate. ARV is roughly 142k -150k. Rent avg: 1200 to 1300. Homeow...
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I have never owned a home and imminently want to get into real estate investing/flipping/renting. Background: I am newly 24, my wife and i make roughly 35k a year jointly, but in the next year with already confirmed j...
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I'm looking at a property right now that is multi family and has a significant value add potential. However, the current numbers show it's a dog.I'm fairly confident I can get the seller to let me manage it for a few ...
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I'm trying to buy a bank owned property that is probably 50% finished and needs a lot of work done. Any creative ideas on how to finance this? I was thinking about how I could get the bank to agree on a purchase pri...
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Just curious how many of you offer up your property to section 8 tenants? If so, what has your experience been with tenants? Has getting paid been an issue? Does the process of allowing Section 8 tenants require a...
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Hi all,I have a rental that needs new skin, cedar is beat up and code enforcer is on me. I called a big name contracting company to get a quote for Hardie Planking. The quote was about 40% more than vinyl (partly du...
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I have a seller, very interested selling his properties to me when I showed him a lower purchase price, but higher interest rate on his portfolio. It is basically 10 SFH properties, being sold at 1.2 million, interes...
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Hey BP members!
In this article Brandon advise to buy a duplex instead of a single family home if I want to avoid loosing money, and earn money on the property. Is it really that bad an idea to buy a home?
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