Hello, I am looking at one of the last options in my price range of a duplex in Auburn, WA. List price is 235,000. But rents are only 1390 a month. We are shooting for offering 215 and counting on raising rents to at ...
I'm encountering a situation right now, which I will attempt to generalize in this post. Looking to discuss the pros and cons, to ensure I am not overlooking anything on the financing side and understand the risks/be...
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
The role of the Appraiser is an odd one: Way too much art (opinions) and way too little science (data-analytics), with way, way, way too little accountability. While the world embraces tech tools to automate workflow...
I have bid & won more HUD homes for my investors than I can count, and I use a strategy that I have been hoarding all to myself for several years. A few of you may already have an inside track and are familiar wit...
Hi Everyone,Last night I went to a real estate invest presentation.I responded to an ad on Craig’s list and was invited to a presentation. The presenter was really entertaining, he went over the company (Renatus), off...
Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
Appetizer (skip to the Meat and Potatoes, if you want to get to the point)I’m requesting specific knowledge on the red tagging process, permits, and inspectors to try to save what was supposed to be a new family busin...
Hi everyone! I'd like to say in a fairly experienced investor, still a newbie at heart though. I have 8 doors over 3 properties. 1 specific property, I purchased in 2019 and in 2019 I took a net $9k loss, and in 2020 ...