So I just got off the phone with my realtor. I want to write an offer for 245k on a duplex that is in probate and asking 350k. He was shocked. He said he "knows it is worth at least 320k". It's tax assessed at 315k in...
Hi all - So this is a post that is essentially meant to generate thoughtful discussion about how I should start investing in real estate with the wealth I’ve been fortunate to generate. I have enough capital to do som...
Has anyone worked with this organization - New Western? They are a wholesaling company and I've heard mix reviews about them. They are based in Philadelphia.
I see most people have an llc - is there a significant reason why?
I'm looking for some protection against a tenant who will break a lease, especially during the winter months when it might take more than one month to find a replacement tenant. A early termination fee in the lease, w...
Hi all!This is a very long and detailed post. Way longer than I anticipated, but I tried to answer all the questions I had prior to starting this process, which was a lot. If any of the info below is incorrect, let ...
Hi all,
I'm an OOS investor from CA looking to acquire a STR investment property in either Orlando, FL or Myrtle Beach, SC. We're also open to other markets. My husband and I have a HELOC for 150k on our primary res...
Hi all,It seems some property managers look to charge one months rent to find a tenant, on top of the 10% of rent collected. Is that normal? It seems that a property manager should be incentivised to keep tenants long...
I hope I'm posting this in the correct section.
I am going to start a small business with property management. I wan't to focus on single family residential and charge landlords either 10% or 15% of the rent.
I hav...
Hey Everyone, New Investor from beautiful San Francisco, CA.I am a transplant from the North East and loving the California lifestyle! Even if rents are completely obscene here in the city! A little about myself... ...