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James W. Second Place Foreclosure Question.

25 September 2017 | 24 replies

HiIf I buy a foreclosure from the second position for say $200,000, subject to first mortgage of lets say $300,000, and then the first position forecloses - my understanding is it forecloses the original owner, and no...

Ravi Prabhakar Would you rent to this tenant? First Rental, hv done homework but lack experience

28 July 2015 | 6 replies

Hi, First timer and I just bought and renovated a Duplex in Dekalb, Atlanta. it is a B to C area. Each unit is a 2 bed/1bath, expected to rent at $650-$700. Have got a lot of interest but not many people willing to gi...

Anthony Portugal how to find out if it's a REO??

24 December 2007 | 4 replies

hey everyone,
just wondering how i can find out if a property is REO through computer search. there's a specific property that just listed on the MLS that i believe is a REO. I've come to recognize minor signs on MLS ...

Cody Barrett Age characteristics of a Roof

14 November 2016 | 5 replies

Hello there! I drove past a duplex that was for sale. The roof looked to have darker spots on portions of the roof but the description says "newer roof" etc.. It just looks like worn spots on the roof to me from a dis...

Dan Bottiglieri Base Cash Flow That Will Make a Property Considerable

7 February 2021 | 5 replies

What is an ideal baseline cash flow for a rental property? I believe Brandon Turner says he shoots for $100, I've heard other say $500, even some say $700+, I'd love to hear more opinions on this.

Joshua Miller Why I See Opportunity in STL

5 March 2024 | 3 replies

Hi all. This is my first post on the forums, as I'm usually more of a lurker. I've come up with several reasons why the real estate investing market in Saint Louis seems optimal. This could be for buy and hold investo...

Will George Earnest money

27 April 2014 | 4 replies

when putting up earnest money to get a property under contract, if is a good faith gesture signifying that you intend to buy or have/find a buyer... understood. Is this money is to go to the seller via third party?...

Michael Shaleesh Own three 2 family properties...

17 March 2020 | 2 replies

I own three 2 family properties with no debt. They cash flow ~$1300 per unit and are worth ~600k ea. I live in one 3 bedroom and my mom lives in another 1 bedroom with unfinished basement. I want to make a move and am...