I'm currently in the initial phases of talking with the owner, but here is what I know so far:Rents are about half of market...owner is aware of this. He hasn't raised rents in over 10 years as he prefers to keep the...
[moderators: sorry I posted this by mistake on the Commercial Real Estate forum and then reposted here. Could you please delete the one on the Commercial forum]
So far, I have been having the tenants pay the holding ...
Hi,
I am looking to move IRA money into a Solo 401K with checkbook control. For now most of the funds will go into real estate partnersips but eventually I may move some into direct real estate.
Does an...
Help me with a dilemma BP...I live in Oakland California where the market is the highest its ever been and I want to get started in REI. I have come up with 2 options and need some advice as to which one is smarter.Op...
I have resolute to make my first investment purchase in 2014. I have chosen my market "downtown Newark". I have set aside some emergency funds for what will go wrong after I purchase the deal, but I wonder how much is...
I have a rental property that I paid cash to purchase and rehab and now have tenants in the property. I want to refinance out and get a 1st mortgage on the property. I also want to put the property in the name of an...
Hello everybody at BP,I am looking at some buy to let properties in the US through a UK property company. The cities we are looking at includes Detroit, Atlanta, Toledo and Cleveland in Ohio, Buffalo and Niagara Falls...
Hi all! I am going to buy my 1st investment duplex in the next 4 months (BRRRR) and I'm tired of running myself in circles, but am not sure which route is smarter.I am highly considering buying a foreclosed property f...
I'm 41 and want to retire in 10 years. I have a few options to reach my goal of 40k a month, 10 years from now, but need some help.Background: I have two investment types. One - I have 14 condos, all with loans/le...
Some questions for people who've done deals subject to existing financing.
1. Is there any paperwork involved in taking over the owner's payments? Do you just send in payments with their account # ?
2. I heard that...