I bought my first house with 20%, rented it out. My mortgage with tax and insurance is $1400 and I rented it out for $3000 per month. I am making a good profit and I know now is the time to buy. I know how to rehab ho...
What are good locations in the Bay Area if you want to invest in new construction rental properties? The focus would be on appreciation, low maintenance, low vacancy. The cheapest areas I've seen just browsing around ...
Hey all!I'm looking to buy my first property right now and put in an offer for 440K on a 2b2b in Joshua Tree, CA. The offer was accepted and, LONGG story short, my mortgage officer pre-approved me for the wrong type o...
I'm having problems raising funds over the past few months, even for my first ever 2% rule deal (16 units). Is anyone else experiencing this challenge, or is it just me?
Background:I live in a city in New Jersey with a high bar to entry that requires a sizable downpayment. Even though I could have the money to put down or find investors it would be much preferable to not have to use a...
Hello everyone ! My father owns number of small shops which are all rented out and generating a good rental return . Time is changing fast and number of people now prefer to shop from malls and big stores . Though rig...
I have a property that I am looking to purchase, the property is fully paid for. The seller is open to seller financing (a portion) but we are about 20K to 25K off on price. I'm at 275K the seller is at 300K. The ...
I believe I can push the rents in my 1 BR units if I put some dollars into them. Currently have window units, no WD connections, no dishwasher, basically not updated. They stay rented due to the high dollar area the...
I have an interview tomorrow for the position of Resident Manager. I have no experience as a Resident Manager or Leasing Agent. My related experience as president of the homeowners association for eight years is benef...
We are recently retired, new to investing and belong to a local REI club. We have been approached by different individauls who want to borrow money. Specifically a loan of $25,000 at 8 percent and the borrower was l...