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Looking to purchase a $90k SFR with a tenant in place paying $1195/mo. Couple concerns I have, please let me know if I am overthinking:1. Seller won’t provide lease agreement or proof of rent being paid until earnes...
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Hey Everyone, I am a first time home buyer in the Phoenix AZ area looking to begin my real estate investing journal and in need of some advice on Private Lenders. While doing some online research and requesting online...
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Wells Fargo is doing mortgages and HELOCs on investment properties again. I was talking with the rep on the phone and told him I'd been an LL for 1.5 years. He told me they need at least 2 years of tax returns with LL...
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Hi BPI'm a new landlord after purchasing my first SFH in September, and my property manager placed a tenant in the house starting November 1. In the 7-8 weeks that the tenant has been there, there hasn't been a single...
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Hello BiggerPockets! :)
I have been reading this forum for a while now… almost daily! I finally have a question that I think is worthy of the board.
My Background…
I have been a landlord of 4 units now for about 5 y...
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If you were a listing agent for a income producing duplex - what would cause you to not respond to another agent inquiring about your listed property?There are a few I am interested in (and I am an agent) - but before...
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Does anyone have an example of the LOI and POF? Does the POF have the exact amount the Investor is willing to pay for?Our position is: My partner and I have looked at the #'s the #'s add up to around the asking price...
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Hi all,
I'm hoping for some advice on a deal I found. Purchase price is 140,000 for a four flex with monthly rental income at 3545. So CoC and ROI is pretty great (about 1100 a month after vacancies, maintenance, etc...
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Good morning all,Forgive me, this may be a long post since there’s a lot going on. I bought my property fully detached but the new built building next door put up stucco between our properties. It starts from the grou...