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My plan
I plan on starting small with 1-2 SFH LTR in the Northeast Columbus and/or Akron/Canton area. Ideally, a property that only needs minor cosmetic improvements (paint, floors).
Pre-approved to $600,000
Sav...
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Hello BP people,
I’m juststarting out, Found a house for rehab (Carson Ca). In short, made an offer based on comps yet to be seen physically. I did hand over the EMD with the understanding that I’m going to view the ...
I have not run across anyone talking about building or having a reserve fund for a property. What is The recommendation to accrue and pay for a unexpected capital upgrades, i.e. furnace, roof, sewer, parking lot, wind...
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I’m purchasing a single family home, and looking to rent out the rooms to traveling nurses or students. Has anyone had experience with this type of market ? I live in the county San Bernardino, ca.
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I read a lot about hiring a contractor. Has anyone ever calculated how much they saved by not using contractors and did most of the rehab work themselves? Or the real question is what percent of costs is going to con...
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Hello all. I have money in mutual funds which have been doing fine, but if the market goes down again so does my money. I always thought buying a rental in San Diego (where I live) was out of reach and then someone to...
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I took out a hard money loan for a rehab project. Purchase price was $51,000 and the rehab escrow was $60,000. I've worked with this lender before and the fee is always 5 points plus $2500 with 1% of the loan to be...
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I currently have 50-60k to invest in my first rental property. There are many single family homes and condos for sale in my area listed anywhere from 40-70k. Here is where the question arises. I was discharged from ...
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I would like to see how some of you with demanding careers (not in real estate), approach investing in real estate. With the limited time you have, how do you make deals with real estate investments?
Do you flip h...
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Im in the middle of this on right now. First off the tenant was 2 months behind on rent and I was starting eviction when I went past and they had moved out in the middle of the night. When I went in the carpet were to...