Situation
Bought a house with my brother 6/15/2018 for $273k on 15yr mortgage. ($265k + closing costs of $8k.) We each put down $25k cash.We each paid in $500/mo. Payments from renters covered the rest of the mortgag...
Creative Ideas Needed! My Dad and his 2 siblings are each 1/3 owners of land on Lake Winnebago. The siblings seem to not want anything to do with the land, however, if we offer to buy them out I think they will then b...
What cushion do you look for in your LTV ratio (against a fresh BPO) in the case of a 1st Priority Note? Also, how much faith do you put in BPOs?
Does anyone know much about the Decatur, IL market? I'm interested in properties there, but not sure how sustainable that market is. Who on here invests, lives, or works in this area? How is it? Thanks.
Do you have a rule in your lease to allow/disallow certain things to be hung outside your rental properties?I know this is a vague question, so here are some specific examples:(1) After washing clothes, tenant hangs c...
I'm under contract to buy a fixer-upper in a historic neighborhood, and can't figure out what would be best for exterior paint colors and general curb appeal. I'll be ripping out the overgrown shrub, replacing the ...
One of my market rate units has asked for a -15% monthly reduction. The press out there has been brutal about how much vacancy and drops in rent, which include a lot of new developments downtown that were super high a...
I'm evaluating a house that has a history of meth that will require renovation. It is located in Colorado and my best understanding is that since it was remediated I don't have to disclose it to a buyer. I will be di...
I purchased a mobile home park in need of a complete turnaround (bank owned for 3 years with no oversight - you can imagine).
We sent everyone a 60-Day Notice to Vacate, along with an application for those who wished...
I really need to know what a smart investor would do if he was given $5 million to invest by someone who is just getting started in REI and has no clue what his strategy is.
Would you suggest a diversified portfolio...