Hi everyone,
I’m a new investor in central Minnesota and I had a couple questions regarding the financials of a rental. Seeing as every CPA I tried to contact is busy with tax season, if anyone could answer even one ...
Hi all,I'm curious what more seasoned investors might think about this unit. I've been trying to find a good rental property to invest in for a while now and finally found one that I generally like - it's a fourplex, ...
Just turned 60 and want to move my money out of my workplace investments (mix of 401k, IRAs) with Fidelity. I own 3 homes (2 outright) and one is a vacation home rental that I owe just under a 1/2 mill on. Note: It p...
I'm looking to purchase my first note and I was wondering how did you acquire your first one? I'm currently cold calling banks and I'm putting together a list now for mailers. Also I'm looking in my network to see exa...
Hi. My mom and I have wanted to get into real estate for a while now and we've started looking. So far, everything is a bust. We have come across an 8 bedroom house in a college town. I was intrigued by it because it'...
1) If a real estate agent buys a listed property for themselves, do they get the buyer's agent commission? Do they have to split the commission with their broker?2) If a person who is not a real estate agent buys a li...
There is always a group of tenants who pay rent late often or even most of the time. I understand that life from paycheck to paycheck is hard to manage financially. I was wondering, why not have rent due when the payc...
Hi there! Instead of listing a property I'm flipping, I want to sell with creative financing to my contractor. He doesn't qualify for a loan right now but thinks he will in 12-18 months. There is no mortgage on the pr...
Hi folks,
Hopefully a simple question.
I talked to a private lender recently and asked what typical closing costs were. I was told $5-6k, which didn't shock me too much.
Later in the conversation I asked what the...
I continue to want to do flips of my own, but finding investor friendly agents has been a bit challenging for me, and based on what I've learned over the months, I should be making triple the number of offers I've bee...