I have a young couple that has been in my home since last December, every quarter I do an inspection on the home to make sure everything is working etc. The first two inspections went well and the home was very clean....
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Let me know what you think as my potential first investment! 4-Plex Purchase Price: 200kCurrently tax appraised at 218k3% downpaymentTotal Loan Amount: 194,000Texas Teacher Heros Grant: 4% or 7,760PITI: 1729/month (10...
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I know some of you are only doing month to month leases for flexibility and control. But what do you do if you have a really good prospective tenant who "needs" a longer term? Perhaps they just left their last renta...
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Hey guys,I've been self-managing for 5 or so years now but recently turned over the PM on a couple properties to a local property management in town. I'm so use to being involved in the day-to-day business of the prop...
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Hi Everyone!
I am really happy to have found these forums. It's good to hear from others with the same interests and it's really interesting and informative and fun to read the newbie experiences and the experienced i...
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Well I walked out of the title company today with my first check wholesaling. Here is the deal and I must say it was a learning experience from start to finish.
I was marketing to people who had not paid taxes and ha...
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Hello investors in CA,Just wondering, how are you guys getting cash flow after so much investment and most of the rent goes to mortagage itself.I live in corona, average home price is $570K and rent will be approximat...
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Federal Reserve reduced its economic outlook for 2009.
The central bank said it expects some business conditions to improve in coming months, but it also lowered its assessment of the economy for the full year and sa...
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There needs to be a lightening up here...so I'll start it. Any political jokes will result in a beerboarding - and not with good beer, we're talking Pabst Blue Ribbon.
Got this one today from a realtor:
One Sunday,...
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Hello everyone!! My name is Travis. I've been browsing these forums for a while as well as doing my own reading/research about real estate investing for quite a while. My wife and I have decided to do this as a side...