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I have been reading the many Dodd Frank threads here on BP. Opinions seem to vary dramatically about the impact it will have. I have an interest in owner financing, etc. so I am eager to understand the new regula...
I spent the day in a new investment property priming a bedroom that was originally painted pink, then "retouched" and "textured" with a sponge and globs of prostitute-passion red latex paint . The tenant painted all t...
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I'm looking for a bit of deal analysis but more encouragement that moving forward is the right thing. In the last week, some people close to me have said, "Wait another 12-18 months before buying a house. There's go...
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Has anyone had success investing/renting out SFR in the Wellington Heights neighborhood in Cedar Rapids? We are just getting started in REI and there could potentially be some good deals on the housing in this area, a...
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1. Out of curiosity, what do you find are your top 5 problems that seem to come up with contractors that you've used? 2. What do you think this problem has cost on projects you've been involved with?
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My basic strategy at the moment is to purchase run-down properties in Pueblo (Colorado), fix them up, refinance my cash back out and turn them over to a property manager. In 2014, I completed two of these projects whi...
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What do you look for in the ideal rental property? I'm not talking numbers , cap rates , price/ rental income here, and I understand this question is dependent on local markets. If a property is just a product that is...
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I have a property under contract in Baltimore. Since the deal is under way, I am looking at this discussion as an autopsy. I already have thoughts on my It is a newly rehabbed property. The buyer bought it for $45K an...
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I am looking to purchase a 5 unit apartment building in a small town in Maine. I am getting a deal at 60k for the building. Appraisal value is 120k. 3 units occupied, two vacant currently. Building is in fair conditio...
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All,
I have run across an HUD owned home in a great neighborhood...1700 sq ft, 2 beds, 2 baths, a rec room, and an office (bedroom w/ no closet). It is on a corner lot, and similar houses are going for 130-160K. Thi...