Hi all,I have had a death in the family and will be inheriting a 2 bed 2 bath townhome. I am looking for advice on what you all think the best approach would be. Some back story, mortgage, HOA, tax, is ~$1k a month. S...
Hey everyone, So I bought a new house over a year ago and instead of selling my first property I turned it into a rental. Now, unfortunately knowing what I know now and keeping a portion of the cash flow for Cap expe...
I was talking with a Real Estate agent friend of mine. He said after the 3RD of October, the government wil be more involved with the buying and selling of houses. That the typical closing time will more than double. ...
An idea popped into my head today and I don’t know if it’s possible or feasible. Hypothetical situation. You own a property with a mortgage. Bought for $100K with $25k down. Before taxes, it cash flows $7.5K. It’s hel...
I have a few properties in Memphis, TN & Houston, TX that I have done all the repairs and even rented the units out at generous 10% + ROI. I am looking for anyone interested in Turnkey properties. What are some w...
Hey everyone,I purchased my first Investment property 3 years ago. Home is a 2 family that I converted into a 3 family. Purchase price was 159k. Mortgage is $1600 including tax insurance PMI and principle. My net inc...
I am considering selling my sfh rental. Currently I am getting a 17% cash on cash return on my $35k investment. $500/ month net rent after expenses. A great deal, but there is 100k equity wrapped up in the property th...
I am trying to market a few properties in a different state. The seller is an absentee owner and is wanting to unload his remaining inventory. There are 4 properties alltogether. These can be sold separately or as ...
Hi Group,
We've got:
1-6 plex (full occ)
1-Triplex (same)
4 SFR's (various cities)
most we own outright and we bought at dirt cheap prices.
We need to expand...plenty more opportunities out there, and want to cen...
When selling a rental property, is it usual/customary to reimburse the buyer the portion of the rent for the rest of the month after closing? For instance, if closing were held today, 2/16, would I need to reimburse b...