Hey BP,
I found a house on the market that was part of an estate. The deal seems too good to be true, but I did a tax property search and the owner passed away several years ago and his estate is selling the property...
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SFH that is a potential deal.....
Purchase Price - $75,000
Gross Rents - $995
Debt: (30 yr 7% $75,000) - $498
Operating Expenses-$498
$995-$498-$498= Break Even
Putting 20% down....
Purchase Price - $75,000
Gross ...
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Tenants gave 30 day notice , went over by one day , didnt show up for the walk trough, " I know why now" the place was filthy, toilets were , "well you can imagine". They painted a bedroom dark blue almost black ,brok...
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Hello everyone,
I have a couple of questions and many concerns! :D
My wife and I are soon to be first time RE investors.
One thing we have to work around, is that we travel non-stop for work.
In every city we go...
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If you buy a commercial property that has a major tenant with a 10+ year lease left, what are the ways for the tenant to get out of the lease. Obviously there may be some clause in there. But other than an out clause...
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Over the past year my wife and I have been able to rehab 3 houses and rent them. In two cases we weren't able to attract the right tenants ourselves and went with a local real estate company. They charged one month's ...
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Can you be a true believer in strict adherence to sourcing properties according to the 50% rule of thumb and also believe in the power of fixed-rate debt to provide a needed inflation hedge in the coming years? It se...
I have looked around at hard money lenders in my area (PA) but no one seems to be lending under 50k. I just agreed to purchase a house for $13,500 that needs about $20,000 in renovation to make it habitable again. ARV...
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ok I I'm new here and found some info on some houses that could be wholesale. Here is the process to make an offer to sellerAsking price x.07ARV based on comps Wholesale price to make offer Is this correct.Would like ...
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Hello! I'm a newbie investor from Granite Bay / Placer County, CA. I've worked full-time in commercial real estate as an appraiser for 12 years, and while I have some tools at my disposal, I don't feel fully ready to ...