How to properly figure out cap rate on an owner finance deal? All my houses are owner finance. It's pretty simple to figure out so I thought....My first property I bought, I figured it like this: purchase price: $51,...
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We have tenants that for various reasons we would love to get rid of if we could. I was just able to get a hold of a previous landlord who told me that they broke their lease agreement with them, however on the renta...
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Guys.
I have 3 homes under contract in low income income areas. I am starting to get cold feet. Prices ranging from $20-31k. Rents in the area are $600-$1000.
I really want to max out BRRRR or Flip the property to g...
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I have seen people do a year and review of their 1st year of REI and always thought that was a GR8 idea to reflect on what you have learned in that time frame. So here we are and here I go.I joined BP on November 12t...
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I am selling my first flip, in fact its the first house I have ever sold. Its been on the market for four weeks in Adams MA. After going back and forth a buyer is within 2250 of my goal but refuses to come any closer....
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Hi everyone,I have a tenant is a great tenant. Pays on time, is kind, keeps the home very tidy, and doesn't complain a lot or break things. Recently my tenant informed me they have been prescribed a service animal for...
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Hi everyone,Hope you all are having an amazing weekend. My wife and I saw a multi unit that we really liked today. Biggest problem is that the basement unit is not legal. I did some research and think it’s pretty clos...
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I have always been interested in real estate since I was a kid. Family members have always had rental properties growing up and I am familiar with the pro's and con's. Recently within the last 6 months I have taken ad...
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Hi all,I am trying to make a game plan for the next 2 years or so. I have two questions/topics I would like to get some advise on.1. Current MortgageMy mother passes away about 2 years ago and probate is finally comin...
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I find myself judging the investment properties as if I were going to live there. Do I need to love it? Like it? Or Just make sure it's a good (sound) investment. I'm a newbie and I've been looking in good areas (sc...