Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...

I own a 5 bedroom 3&1/2 bath house with a finished basement. I’m hoping to live in the basement and rent out the top 2 floors. How should I split utilities, HOA, ect?Can I limit the rental to not include the backy...

I am about to solidify the purchase of a fairly sizeable mobile home park in Northern Illinois. I'm thinking about the possibility of also starting a separate mortgage business so I could offer financing for those who...

Hi, this is my first post on Bigger Pockets. I've been interested in out-of-state real estate investing for a couple of months, and Oklahoma City, OK has been on my list. A couple of the things that I like about this ...

I have always had carpet in my rentals but I’ve been hearing more praise for putting in hard floors for less expense during rental turnover. When I called in a couple of flooring guys for estimates, one recommended vi...

MAIN SUB-PRIME LOSSES SO FAR
Merrill Lynch: $22.1bn
Citigroup: $18bn
UBS: $13.5bn
Morgan Stanley $9.4bn
HSBC: $3.4bn
Bear Stearns: $3.2bn
Deutsche Bank: $3.2bn
Bank of America: $3bn
Barclays: $2.6bn
Royal Bank of Scot...

So I'm looking at properties and find a single family converted to a 2-unit. If I've interpreted the county's tax website correctly, it was sold in 2011 for $13k. Looks like it's been rehabed and the listing price is ...

This is my first "landlord problem" post. Sorry it's long but I'm at my wits end. I realize I could have bigger problems because the tenants take care of the property and pay on time. But, the husband is getting annoy...

Hi everyone, I was hoping that by this time I would be telling you about the start of my first flip but...Over the last two weeks I sourced a house in a really nice neighborhood, did the initial walk through with my R...

I am a newbie starting off with wholesaling. I have built a buyers list and now talking to realtors who can find me deals. My concern is since they rely mainly on MLS to find you deals, is it not a waste of time since...