Just noticed on my profile I have "get a mentor" as part of what I'm looking for or goals. Now I read "...that they are looking for a mentor to teach them all they know but offer nothing in return but the privilege o...
I saw at duplex today that I've been spying and upon arrival my realtor informed me the owners are going through a bankruptcy. Being on the market 100+ days it looks like the sale of the property would have helped ...
Picture this: instead of making $1000 per month on a rental, you can make $1000 per week.Sound too good to be true? Well that’s how I picture vacation rentals! With the right location and marketing, the way I see it, ...
I'm working through a broker that does all the underwriting/paperwork/recordings/foreclosure (if need be), where I only need to fund the transaction acting as the private lender on the note & deed of trust.
I pe...
I am reviewing properties for my first purchase. I’ve educated myself here (thank you BP!) for buying a 4 to 6 unit building. My questions are:The property details list the current rental rates and generously forecast...
After years of work to pay off all my debt (other than my mortgage), improve my credit score, and doing a cash out refi my house to get seed money, I am BEYOND ready to get to investing. I've been in discussion with...
Just sent this over to a client, in place NOI yields a ~9% cap rate on this park, which of course feeds into making 75% LTV doable. All are at less than 1.5 points. Blacking out just enough so that the exact property ...
Hello,
I'm just starting out. My husband & I had 2 houses, one of which we were renting out. We got divorced & both took one house.
I'm working to get debt paid off that I accumulated while also being laid ...
Is it standard to use a real estate agent when purchasing small (12-unit specifically in my case) apartments? The info on the property is already available through the listing broker, I know how to run the numbers, an...
My property taxes are now 76% of my mortgage. Last year we had a double digit increase, and almost double digit again this year. This is not only a direct attack on investors, but also retirees and other people on fix...