I am currently looking at the Pros & Cons in being a realtor in a small market vs. a Big market like Houston, Texas. Please comment if you are in a Big or small market and why? I love the idea of being a realtor i...
Good evening everyone.
So I own 13 free-and-clear SFH in C/D class neighborhoods net income of 30k. With 6 properties as collateral local bank offered me 100k with 6% interest. (this portfolio lending I think)
My opt...
So I got an email in BP that they are selling forms for 7 landlord forms at an "introductory" price of $99--normally $199! I can only say I'm disappointed. This, after jacking up their pro and plus memberships.While...
I closed on #37 this morning. it's located in westland. the surrounding cities are Canton, Garden City, Livonia, Redford and Plymouth.it's very different than what we normally buy to a point that it's unusual for us. ...
OK its a SFH in a nice neighborhood in NC with mostly military families renting. House built in 1992.Asking price $139kHopefully paying 127K in cashRental income $1300Taxes $1100/yrProp management 10% of rentInsurance...
There is a commercial property (strip mall) up for sale on auction.com later this month in my area. A group of us are interested in bidding. In our research we found that the property was purchased at a trustee sale i...
My grandparents are retired and own their home outright here in Hawaii. It's probably worth a little over $1.2 million , and they're considering selling it and moving to Las Vegas.
Their plan is to buy two SFHs in Ve...
Yes, yes they are squatters.I'm in the process of purchasing an occupied 4plex that has been on the market for quite some time (will be an exciting post in the Completed Deal Diaries forum once it's all complete). The...
So many people ask about setting up an LLC or purchasing umbrella insurance to protect their assets from a lawsuit. I personally think the risk is exaggerated and these protections aren't as necessary as one would thi...
Hello Everyone,
My first post here on the forum and I'm very excited. I would like to know what is considered acceptable cash flow on a 4plex? Is there a certain amount of monthly flow that is considered bare...