Any investors in the Houston area that buy multifamily in the 400 - 500K range? I would love to get a feel for average numbers in Houston and surrounding areas like cap rate, vacancy rates, expenses as a percentage o...
Here's the situation: we're looking to buy a primary residence that needs major work. We'll be living in it while repairing it and plan to stay for 2-5 years. This will essentially be a long term flip with the advanta...
Bought a foreclosure and inherited a monster lawn. It's been neglected for years , doesn't drain properly, and since the house has flee I can only imagine what the lawn might have. Did I mention the previous owner dr...
Here is a scan of my closing costs. I know a lot of those are legit, but the settlement charge seems really high, and also the survey. And the Document preparation fee, seems BS. I am already paying for real estate a...
Hi all:There is a Fannie Mae Home Path duplex listed for $125k - Original list price was $181,900. Definitely needs some work, but it's in an up and coming neighborhood. Comps in the area have sold for as much as $300...
I’m trying to BRRR. This is my first time investing in real estate which is not my own home. We have two days to purchase a contract from the wholesaler so I have to make a decision.
The deal:
The negotiated price:...
Given the powers at play in Dallas, which strategies seem to be tried and true out here? Is there a specific strategy that stands out above the rest, in terms of total return? I'm wanting to pick an investment strateg...
I'm a newbie! I want to wholesale this property I found! It's vacant and it's an eye sore! The area is ok (below middle class but not exactly the slums either) . Anyway there are county and city taxes owed on the ...
Last week I started an application for a HELOC on my primary residence in metro Atlanta, figuring I was going to have to have cash to compete for the better deals in my investing area. The next day I found out a sell...
I dont want to do multi family homes, but other than that I don't see how to pull houses that make any cash flow or invest